Sold!
$985,000
14
Beds
5/1
Baths
4,482
Living Area
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Property Description
Great opportunity for the buyer of this fully tenanted four-family in the Acre. All four units currently occupied on leases, with a total monthly rent roll of $9,450.00. All units are separately metered and tenants are responsible for payment of own electric, heat, hot water and cooking. Unit electric panels are in each apartment. Owner has made extensive upgrades to the building during his ownership. During this time, he's installed furnaces, upgraded the electrical and plumbing as necessary, installed two rubber roofs and a sprinkler system. All units have had a cosmetic overhaul over the last year, including paint and flooring. This is a well maintained property by an active owner, therefore no deferred maintenance. All units are lead compliant w/certificates of deleading in hand. Location is on public transit and within a short distance of all area amenities. This is a quality property with a strong rental history and rents. Nothing to do but take ownership and reap the rewards.
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Highlights
- Parking Spots: 7
- Property Type: 4 Family - 4 Units Up/Down
- Year Built: 1880
- Property Class: Residential Income
- Total Rooms: 22
- Status: Closed
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Additional Details
- Basement: Unfinished
- Exclusions: Tenant Belongings. All Laundry Machines Are Property Of Tenants.
- Foundation: Other
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Varies
- Lot Features: Gentle Sloping
- Roof: Shingle, Rubber
- Year Built Details: Renovated Since, Unknown/Mixed
- Zoning: Tmf
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Amenities
- Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, On Street, Driveway, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $660,900
- Compensation Based On: Net Sale Price
- Taxes: $8,309
- Buyer Agent Compensation: 2%%
- Tax Year: 2024
- Total Rent: $9,450
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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 Heritage Realty Associates.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
