$675,000
13
Beds
5
Baths
5,880
Living Area
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Property Description
Group showing Thurs 5/29 530 pm Welcome investors to this high-performing five family property consisting of 2 connected buildings that is currently owner occupied, but owners apartment market value at $2200 per month. A rare and lucrative opportunity for savvy investors! Featuring a profitable mix of spacious three bedroom and two bedroom apartments, this income producing gem offers, immediate cash flow from well paying tenants and long-term value. Most units have been extensively updated interiorly, many with fresh flooring, and paint, with many beautiful hardwoods .Tenants enjoy generous layouts, abundant natural light , historical charm and details and off street parking. Exterior was recently renovated and freshly painted, almost all new windows. 3 units have their own wash/ dry hookups for added desirability. Tenants can enjoy the convenience of being within walking distance to the bus, and all the local shopping .Great storage available in the garage. Recent roof!
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Highlights
- Cooling: Window Unit(s)
- Heating: Hot Water, Baseboard
- Parking Spots: 10
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 23
- Status: Closed
- Has View: Yes
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1840
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Additional Details
- Appliances: Refrigerator, Oven
- Construction: Frame
- Exterior Features: Balcony
- Foundation: Stone
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 5
- Year Built Details: Renovated Since
- Zoning: Rr
- Basement: Full
- Exclusions: Tenants Personal Property
- Flooring: Wood, Carpet, Hardwood
- Interior Features: Living Room, Kitchen, Dining Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Public School
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 2
- Waterfront Features: Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $423,100
- Tax Year: 2025
- Total Rent: $5,800
- Rental Fee Includes: Unit 1(Heat), Unit 2(Heat), Unit 3(Heat), Unit 4(Heat)
- Taxes: $4,967
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Listing information provided courtesy of Four Points Real Estate, LLC.
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