$860,000
3
Beds
2/1
Baths
1,800
Living Area
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Property Description
Introducing a fantastic investment opportunity - This 2-family property offers incredible potential for cash flow & modern updates that make it an irresistible value. Two units plus rental parking from building next door. Situated in a prime location, perfect for savvy investors looking to expand their portfolio and capitalize on the ever-growing demand for rental properties. Both units have been nicely updated w/ gas heat and central air: The 1st floor 1 bedroom unit features a spacious living area w/ ample natural light, updated kitchen and sliders to deck plus a full basement, w/ walk out to yard. The 2nd floor unit also offers 2 bedrooms with potential for a 3rd, providing tenants w/ comfort and privacy on the 2 floors. Private patio space w/ wonderful sunsets overlooking Gleason Pond. Don't miss out on this incredible opportunity to invest in a multifamily property w/ great cash flow. Act fast and seize this chance to secure an investment that will pay dividends for years to come!
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Highlights
- Cooling: Central Air
- Heating: Forced Air, Natural Gas
- Property Class: Residential Income
- Total Rooms: 8
- Status: Closed
- Has View: Yes
- Parking Spots: 4
- Property Type: Multi Family
- Year Built: 1912
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer, Microwave
- Construction: Frame
- Exterior Features: Balcony/Deck, Balcony, Rain Gutters
- Foundation: Block
- Lot Features: Wooded, Level
- Roof: Shingle
- View: Scenic View(s)
- Year Built Source: Public Records
- Basement: Partially Finished, Walk-Out Access, Interior Entry, Concrete
- Exclusions: Note: 1 Person Has A Right Of First Refusal- Any Offers In 1 Pdf-Give 2 Days For A Reply
- Flooring: Vinyl, Hardwood, Wood
- Interior Features: Storage, Upgraded Countertops, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Office/Den
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Details: Actual
- Zoning: R!
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, Public School, T-Station, University, Sidewalks
- Waerfront: Yes
- Parking Features: Off Street
- Waterfront Features: Waterfront, Beach Front, Pond, Access, Direct Access, Public, Lake/Pond, 1/10 to 3/10 To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $576,300
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat)
- Taxes: $8,010
- Buyer Agent Compensation: 2.5%
- Facilitator Compensation: 2.0%
- Tax Year: 2024
- Total Rent: $5,650
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Listing information provided courtesy of Leading Edge Real Estate.
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