$675,000
5
Beds
4/1
Baths
4,651
Living Area
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Property Description
SELLER FINANCING PKG AVAILABLE!!! Looking for a renovation project? 1st flr commercial space w/variance for 2 additional apartments approx. 1800 sq. ft. Currently vacant; building permit ready to be pulled. Plans attached and shows pkg for 12 cars. 3rd flr apt needs updates; has had long term tenant (2014). Updates include roof 2016, electrical updates in 2016, Unit C updated as well as Unit 1st flr Rear. (3) one bedroom units, (1) two bedroom unit. Two tenants TAW. All individual metered utilities for electric/gas. Seller pays water/sewer/trash; common area gas/electric. Convenient downtown location. Appliances included in sale are as listed. New coin op laundry in basement. Showings by appointment only for 1st floor vacant unit; apts to be shown w/accepted offer. Video of 3 apts are available upon request. Property being sold in "as is" condition. Seller requests Letter of Intent used as offer (attached). VALUE RANGE PRICING, SELLER WILL ENTERTAIN OFFERS BETWEEN $675,000-$725,000
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Highlights
- Heating: Unit 1(Forced Air, Gas), Unit 2(Hot Water Baseboard), Unit 3(Gas, Electric, Individual, Wall Unit, Space Heater), Unit 4(Forced Air, Gas)
- Property Class: Residential Income
- Total Rooms: 15
- Status: Closed
- Parking Spots: 8
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1880
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Additional Details
- Appliances: Unit 1(Range, Microwave, Refrigerator), Unit 2(Range, Microwave, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator)
- Exclusions: Tenants Personal Belongings
- Flooring: Vinyl, Carpet, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Tile Floor, Hardwood Floors)
- Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Bathroom with Shower Stall), Unit 3(Ceiling Fans, Bathroom With Tub & Shower), Unit 4(Ceiling Fans, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Office/Den), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Full, Crawl Space, Partially Finished, Concrete
- Exterior Features: Gutters, Decorative Lighting, Screens
- Foundation: Stone
- Lot Features: Easements, Level
- Roof: Shingle, Rubber
- Year Built Details: Approximate
- Zoning: C7.5
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
- Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach
- Parking Features: Paved Drive, Shared Driveway, Common, Paved, Other
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $443,800
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $6,404
- Buyer Agent Compensation: 2.0%
- Facilitator Compensation: 1.0%
- Tax Year: 2023
- Total Rent: $5,425
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