1038 Main Street
$1,100,000
12
Beds
6
Baths
5,802
Sqft
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$1,100,000
12
Beds
6
Baths
5,802
Living Area
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Property Description
Prime investment opportunity! Turnkey 6-unit building just a short walk to Clark University. Property features six spacious, renovated 2-bedroom / 1-bathroom units, delivering reliable cash flow with a solid, long-term tenant base and minimal landlord responsibilities. Fully separate utilities: individual electric meters, separate gas meters, tenant-paid hot water baseboard heat, and tenant-paid hot water heaters in each unit. City trash pickup included at no extra cost. Building updates include newer vinyl siding, newer vinyl replacement windows, and a newer rubber roof. Interiors feature fresh paint, recently refinished hardwood floors, and updated hardware. Two parking spots (tandem) behind property can provide additional rental income. Ideal for investors seeking a hassle-free, income-producing asset in a vibrant area with strong rental demand from students and professionals.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1920
- Parking Spots: 2
- Property Type: 4 Family - Rooming House
- Total Rooms: 24
- Status: Active
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Additional Details
- Basement: Unfinished
- Flooring: Hardwood
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Bg-2
- Construction: Frame
- Foundation: Stone
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, House of Worship, Public School, University
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,125,000
- Taxes: $14,838
- Tax Year: 2026
- Total Rent: $10,800
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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 Longwood Residential, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.