Sold!
$550,000
10
Beds
4
Baths
4,149
Living Area
-
Property Description
Presenting an exceptional opportunity for astute investors, this dependable four-unit property stands as a testament to reliability and profitability. Key to its success are the on time, paying tenants who occupy its units, alongside a prestigious anchor tenant on the coveted first floor. This ensures a hassle-free ownership experience.Featuring a sought-after configuration of two 3-BR units, and two 2-BR units, alongside an impressive nearly 7% cap rate. Recent upgrades, including the replacement of all four hot water heaters, updated fire alarm panel, removal of visible knob and tube wiring, repainting of the main hallway and porches, underscore this property as a solid investment.Additionally, the presence of five rear parking spaces complemented by ample street parking ensures convenience and tenant retention for the long term.Check out the 360 tour and be sure to attend on of the three open houses this weekend!
-
Highlights
- Cooling: Window Unit(s)
- Parking Spots: 5
- Property Type: 4 Family - 4 Units Up/Down
- Year Built: 1920
- Heating: Baseboard, Natural Gas
- Property Class: Residential Income
- Total Rooms: 19
- Status: Closed
-
Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame, Conventional (2x4-2x6)
- Flooring: Tile, Vinyl, Varies, Laminate, Hardwood
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Bulkhead, Concrete, Unfinished
- Exterior Features: Balcony/Deck
- Foundation: Stone
- Lot Features: Gentle Sloping
- Roof: Rubber
- Year Built Details: Actual
- Zoning: R4
-
Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, University
- Parking Features: Paved Drive, Shared Driveway
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $337,700
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Taxes: $8,760
- Buyer Agent Compensation: 2%NS%
- Facilitator Compensation: 1%NS%
- Tax Year: 2024
- Total Rent: $4,560
Similar Listings
Sold
29 Photos
Sold
16 Photos
Sold
33 Photos
Sold
27 Photos
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 Peace of Mind Property Management & Real Estate, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
