$320,000
11
Beds
5
Baths
4,260
Living Area
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Property Description
Excellent income property for an investor with funds to invest. Professionally managed and fully rented with good tenants and gross income of $73,200 per year. Listing agent is the property manager. There are 5 lead paint compliance certificates, one for each apartment. 5 Gas hot water tanks and 4 gas boilers. The 1 bedroom apartment has electric heat. For the two 3 bedroom units one has to pass through the 2nd bedroom to get to the third bedroom. The property is in good condition overall with room for further improvements. Good parking and room to expand. The building was extensively remodeled between 2017 and 2021. The 5 year structural certificate for the egress was signed off by a Building Inspector and subsequently revoked by the Building Superintendent. Work will need to be done to remediate this issue. Extensive information on this will be provided in the attached documents. First showing will be at the open house this Saturday, 05/10/2025 from 2:00 to 4:00
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Highlights
- Heating: Baseboard, Natural Gas, Electric
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 22
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Interior Features: Lead Certification Available, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
- Roof: Shingle, Rubber
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Full, Dirt Floor
- Flooring: Wood, Vinyl, Carpet, Varies, Laminate, Hardwood
- Foundation Area: 1
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Rm
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, House of Worship, Public School
- Parking Features: Off Street
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Utilities
- Electric: 220 Volts, Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $228,100
- Tax Year: 2025
- Total Rent: $5,200
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $4,092
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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 Keller Williams Realty North Central.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.