Sold!
$685,000
7
Beds
3
Baths
2,808
Living Area
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Property Description
Location! Location! Location! A fantastic investment opportunity. Each of the 3 units is equipped with a new hot water tank, and the property currently generates a solid $5,400 monthly rental income, with potential for higher returns. Set on a 6,000 sq.ft. lot with 2,208 sq.ft. of living space, it provides ample room for tenants. With plenty of parking on a quiet one-way street and a solid condition.making it perfect for investors looking to maximize cash flow. The generous number of rooms and bedrooms allows for flexible rental options, increasing potential rental income. This property is low-maintenance and ready for new ownership. The size and layout make it perfect for families or groups, further enhancing its rental appeal. Whether you're an experienced investor or new to real estate, this property presents a fantastic opportunity to build wealth through cash flow and property appreciation. Don’t miss out on securing an investment in a thriving area with solid growth potential!
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Highlights
- Parking Spots: 6
- Property Type: 3 Family
- Year Built: 1965
- Property Class: Residential Income
- Total Rooms: 14
- Status: Closed
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Additional Details
- Basement: Walk-Out Access, Garage Access
- Flooring: Tile, Hardwood
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Rg-5
- Construction: Frame
- Foundation: Concrete Perimeter
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Covered Parking Spaces: 1
- Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $523,500
- Taxes: $7,198
- Tax Year: 2024
- Total Rent: $5,400
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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 Spencer Home Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
