$450,000
4
Beds
3/2
Baths
5,170
Living Area
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Property Description
Check out this well maintained investment property! Comes w/an extra .32 acre lot to use for parking or potential buildable lot (check w/town for due diligence). Tenants allowed to park in lot behind building. Building has 2 retail store fronts on the street level. One is rented as a Nail Salon monthly for $800 and has a massage rm, laundry rm, and half bthrm. The other unit is vacant, but got $800/month, and has a room in the back w/a half bthrm and storage rm w/a garage door on the side. Heated & cooled by 3 minisplits and being renovated inside. The 2nd floor has 3 apartments - The front and back right apartments are occupied getting $1525 total in rent and are 1 bdrm with LR, kitchen, and bthrm. The left apartment is vacant and has 2 bdrms, kitchen, LR, DR, and bathrm, but got $1000/month when occupied. Apartments have access to front & back porches. 3 gas furnaces and 2 HW tanks service 3 apts & salon - 17 yrs old. Tenants pay electricity, heat incl in rent. Newer electric panels.
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Highlights
- Cooling: Unit 1(None), Unit 3(None), Unit 4(Wall AC)
- Parking Spots: 8
- Property Type: 5-9 Family
- Year Built: 1937
- Heating: Baseboard, Natural Gas, Unit 1(Hot Water Baseboard, Gas), Unit 3(Hot Water Baseboard, Gas), Unit 4(Hot Water Baseboard, Gas)
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Washer, Dryer), Utility Connections for Electric Range
- Construction: Frame
- Flooring: Tile, Vinyl, Carpet, Hardwood, Unit 1(undefined), Unit 3(Hardwood Floors, Wall to Wall Carpet), Unit 4(Tile Floor)
- Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 4(Storage), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Dining Room, Kitchen), Unit 4 Rooms(Office/Den, Other (See Remarks))
- Road Frontage Type: Public
- Total Number of Units: 5
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exterior Features: Porch - Enclosed
- Foundation: Block
- Lot Features: Additional Land Avail., Cleared, Level
- Roof: Rubber
- Year Built Details: Actual
- Zoning: B1
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Amenities
- Community Features: Public Transportation, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
- Parking Features: Off Street, Unpaved
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Utilities
- Electric: Circuit Breakers, 100 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $396,100
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat, Water), Unit 3(Heat, Water), Unit 4(Water)
- Taxes: $5,133
- Buyer Agent Compensation: 2.0%
- Facilitator Compensation: 1.0%
- Tax Year: 2023
- Total Rent: $2,325
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