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$1,225,000
6
Beds
4/2
Baths
3,620
Living Area
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Property Description
The Property contains a total of 5 units, consisting of 2 commercial units, one (1), 1-Bedroom/1 Bathroom unit, one (1), 2-Bedroom/1-Bathroom unit, and one (1) 3+Bedroom/2-Bathroom unit. The commercial units are leased to Simplicity Salon and CYR Construction, both of which have 3+ years remaining on their leases with scheduled annual rent increases. All the units have been updated and feature separately metered utilities. The Property is located in a residential urban infill area, with nearby amenities including local restaurants and retailers along Water Street and High Street and in the restored East and West Mill complexes. The property has a current cap rate of 7.51%.
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Highlights
- Parking Spots: 6
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1849
- Property Class: Residential Income
- Total Rooms: 20
- Status: Closed
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Additional Details
- Foundation: Other
- Total Number of Units: 5
- Year Built Source: Public Records
- Lot Features: Corner Lot
- Year Built Details: Approximate
- Zoning: R4
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Amenities
- Parking Features: Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $782,700
- Tax Year: 2024
- Total Rent: $9,300
- Buyer Agent Compensation: 2.5%
- Taxes: $9,563
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
