123 Pine St
$319,900
4
Beds
2
Baths
1,588
Sqft
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$319,900
4
Beds
2
Baths
1,588
Living Area
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Property Description
Cash-flowing property with long-term tenants and professional property management in place—management is eager to continue servicing the new owner. The roof is approximately three years old.This sale includes two abutting lots zoned R2, presenting a prime opportunity for investors and developers. Leverage the steady rental income to offset holding costs while planning your next project. Total monthly income is $2,700. Tenants pay their own electricity. Multiple investment strategies make this a rare opportunity for savvy buyers.
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Highlights
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1909
- Parking Spots: 4
- Property Type: Multi Family
- Total Rooms: 8
- Status: Active
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Additional Details
- Basement: Bulkhead
- Foundation: Other
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Exterior Features: Professional Landscaping
- Lot Features: Wooded
- SqFt Source: Other
- Year Built Details: Approximate
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Public School
- Parking Features: Off Street
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $171,100
- Rental Fee Includes: Unit 1(Gas, Water), Unit 2(Gas, Water)
- Taxes: $2,748
- Compensation Based On: Compensation Not Offered
- Tax Year: 2024
- Total Rent: $2,700
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