143-147 Vernon Street
$2,275,000
10,806
Sqft
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$2,275,000
10,806
Living Area
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Property Description
Exceptional investment opportunity to acquire a well-maintained mixed-use 8-unit portfolio, proudly held by the same family for two generations. The portfolio includes two three-unit buildings and one two-family, delivering a flexible and desirable unit mix. The property features abundant off-street parking, two parking areas and a three-car garage. Extensive care is evident throughout, with numerous updates to cosmetics, plumbing, electrical systems. Many units have updated kitchens, bathrooms, forced hot air heating systems and are outfitted with in unit washer and dryer to enhance tenant appeal. Rents are currently below market, presenting a compelling value-add opportunity with the ability to increase annual income conservatively by $40,000. Ideally located near major highways, hospitals, and Union Station, this asset offers strong fundamentals, excellent accessibility, and long-term upside.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1900
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Additional Details
- Roof: Shingle
- Zoning Description: Legal Conforming
- Zoning: Rg-5
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Fees / Taxes
- Tax Year: 2026
- Taxes: $29,785
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Listing information provided courtesy of RE/MAX Partners.
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