$380,000
7
Beds
4/2
Baths
5,676
Living Area
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Property Description
Attention investors! This turn-key positive cash flow multi-family/commercial space has been recently updated with new flooring throughout, new appliances, updated kitchens and baths, a new boiler in 2013 and new windows. It consists of 3-2 bedroom apartments and1-1 bedroom apartment. It also has an office space with a kitchen and bath and it houses 2 storefronts with their own heat, breakrooms, and 1/2 baths on the first floor. Sellers have maintained this property very well and it shows! Property has been deleaded and has a sprinkler system which was last inspected in Sept. 2022. Property is fully occupied and is located in-town, with walking distance to stores, restaurants, banks, and bus stops. Silver Lake is a short walk for swimming and fishing. The YMCA is also a short walk for swimming, excersize classes, and team sports. There's plenty of parking in the back parking lot.
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Highlights
- Has View: Yes
- Parking Spots: 8
- Property Type: 4 Family
- Year Built: 1900
- Heating: Steam
- Property Class: Residential Income
- Total Rooms: 17
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Wood, Pine, Vinyl / VCT
- Interior Features: Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Details: Approximate
- Zoning: Ca
- Basement: Full, Walk-Out Access, Concrete, Unfinished
- Exterior Features: Rain Gutters, Sprinkler System
- Foundation: Brick/Mortar, Granite
- Lot Features: Gentle Sloping
- Roof: Shingle, Rubber
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Sidewalks
- Waterfront Features: Beach Front, Beach Access, Lake/Pond, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Off Street, Assigned, Paved
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $221,000
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $3,575
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water), Unit 4(Heat, Hot Water)
- Taxes: $3,103
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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 Weichert Realtors' Daher Companies.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.