$355,000
9
Beds
3
Baths
3,240
Living Area
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Property Description
***HIGHEST & BEST OFFERS DUE BY MONDAY, MARCH 4TH @ 5PM *** Excellent 3 family investment opportunity!! Looking to add or to start your rental portfolio, Well look no further, 11 Reed Ave is just the one!! All units have the same layout - kitchen, living room, bath, 3 bedrooms & rear porch.Separate utilities for all units, including in unit electric panels, individual natural gas forced hot air furnaces, Dedicated Water Heaters & More. Units have updates and are rented with long term tenants. Tenants can also enjoy on-site laundry facilities if buyer chooses in common area basement. Month to Month Tenants - Current rent is below market value so there is room for increased income. Owner pays water, sewer & trash. Close to area colleges, Library, shopping centers, and more! This building is nestled amongst other multi-unit homes with its own off street parking. Now is the time, invest in your future! Schedule your appointment today. Group Showings at specified times only.
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Highlights
- Heating: Electric, Forced Air, Natural Gas
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
- Parking Spots: 4
- Property Type: 3 Family
- Year Built: 1920
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Additional Details
- Appliances: None, Range, Refrigerator
- Construction: Frame
- Flooring: Tile, Vinyl, Carpet, Laminate, Vinyl / VCT
- Interior Features: Ceiling Fan(s), Pantry, Living Room, Kitchen
- Roof: Rubber
- Year Built Details: Actual
- Zoning: 4
- Basement: Full, Bulkhead, Concrete, Unfinished
- Exclusions: All Tenant Owned Items- Unit #3 Owns Their Appliances.
- Foundation: Stone, Brick/Mortar, Other
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, Common, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $280,200
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $3,500
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks)), Unit 3(Water, Other (See Remarks))
- Taxes: $4,136
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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 ERA M Connie Laplante Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.