$1,899,000
8
Beds
3
Baths
3,114
Living Area
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Property Description
Fantastic multi-family residence with owner occupied option in Teele Square area for immediate cashflow, in easy to rent 3/3/2 configuration. This attractive property is in great condition, representing a significant opportunity for buyers seeking a blend of classic architecture and modern functionality. The kitchen is thoughtfully appointed with stainless steel appliances, providing a contemporary and efficient space for culinary endeavors. The property encompasses three stories, providing a generous distribution of living areas, including eight bedrooms and three full bathrooms with lots of closet spaces. A detached garage offers convenient vehicle accommodation with the long driveway. Additionally, a private yard and a welcoming porch extend the living experience outdoors, while a full basement provides further utility with coin-op laundry machines. All three units are under market rents so there's room to improve NOI without renovation. Two gas boilers were replaced in 2024 and new hot water heater installed in 2026 so very little upgrade is needed. Unit 2 is freshly painted and vacant so it works well for owner-occupied buyer to receive rental income while living in the building. Easy to show, can send full video plus photo prior to walkthru. To explore the exceptional potential of this distinguished multi-family property, we invite you to schedule a private viewing.
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Highlights
- Heating: Hot Water, Natural Gas, Baseboard
- Parking Spots: 4
- Property Type: 3 Family - 3 Units Up/Down
- Total Rooms: 14
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
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Additional Details
- Appliances: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator, Freezer
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Nr
- Basement: Full, Interior Entry, Unfinished
- Flooring: Tile, Hardwood
- Interior Features: Laundry Room, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Internet Available - Broadband, Cathedral/Vaulted Ceilings, Living Room, Dining Room, Kitchen
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, University
- Parking Features: Off Street, Paved
- Covered Parking Spaces: 1
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Utilities
- Electric: 110 Volts, Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,581,800
- Tax Year: 2026
- Total Rent: $6,600
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $17,368
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