Sold!
$780,000
5
Beds
2
Baths
1,953
Living Area
-
Property Description
This versatile multi is ideal for an owner-occupant seeking to offset their mortgage or an investor looking for a high-yield addition to their portfolio. Delivering an impressive 8.4% cap rate at the current list price, this property offers both immediate cash flow and long-term stability. Two units: Unit 1 is the first floor, and is a 2 bed, 1 bath unit with a laundry room. Unit 2 is the second and third floors, 3 bed, 1 bath and also has laundry. (All appliances transfer with the property as unvalued gifts.) Rent on first floor (on a lease until 6/30/26) is $2400. The second unit recently moved out and would rent for $3200. Two furnaces, two water heaters, two electric panels (100 amp each). One water heater new less than 2 yrs ago. Washer/dryer and fridge in Unit 1 new less than 2 yrs ago. Kitchen was completely remodeled prior to unit 2 tenant, 3 yrs ago. No water in basement since gutters added. Turnkey opportunity to acquire a high-performing asset in a strong rental market.
-
Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Heating: Natural Gas, Electric
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 12
- Status: Closed
-
Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Exterior Features: Balcony/Deck, Balcony, Rain Gutters
- Foundation: Stone
- Lot Features: Cleared, Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Partial, Interior Entry, Bulkhead, Sump Pump, Dirt Floor
- Flooring: Wood, Hardwood
- Interior Features: Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Ra
-
Amenities
- Community Features: Sidewalks
- Parking Features: Paved Drive, Off Street, Tandem, Driveway
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $660,800
- Tax Year: 2025
- Total Rent: $5,600
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $9,370
Similar Listings
Sold
39 Photos
Sold
42 Photos
Sold
1 Photo
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 William Raveis R.E. & Home Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
