Sold!
$710,000
6
Beds
6
Baths
4,026
Living Area
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Property Description
RARE SIX FAMILY Investment Opportunity!! This property is configured today as 6 well-sized,1 bedroom units w-EIK. Great rental location, plenty of off-street parking and low operating overhead. New monitored, fire alarm/CO system installed in 2024. Property is in need of considerable renovation to secure market rate rents and is being sold AS-IS and can be delivered vacant/tenant-free. Even with estimated repairs, the Cap rate is still likely over 10%! Come bring your experts and your ideas and unlock the potential of this rare investment opportunity.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1870
- Parking Spots: 12
- Property Type: 5-9 Family
- Total Rooms: 18
- Status: Closed
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Additional Details
- Appliances: Washer/Dryer, Range, Dishwasher, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Cleared, Level
- Roof: Rubber
- Total Number of Units: 6
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Unfinished
- Flooring: Hardwood
- Interior Features: Laundry Room, Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Reside
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, Public School
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 220 Volts, Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $461,100
- Taxes: $6,303
- Tax Year: 2025
- Total Rent: $10,800
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Listing information provided courtesy of Venture.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
