Sold!
$496,500
10
Beds
3
Baths
3,479
Living Area
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Property Description
Great Investment Property, "BEING SOLD AS A PACKAGE" (Package Price $995,000) this building contains two 2-bedroom units and two 3-bedroom units, fire coded, roof 12 years old, vinyl siding, replacement windows, two front porches. All separate utilities, rents are below market, income $60,000, annual expenses $15,304 being sold as a package with MLS # 73098624 this building next door at 35 Transit Street contains three 2-bedroom units, income $30,600, annual expenses $10,673 and 12 garages, income $17,280 for a total annual gross income of $107,880. Total annual expenses $25,977. o FHA, all tenants month to month.
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Highlights
- Cooling: Unit 1(None), Unit 2(Central Air), Unit 3(None), Unit 4(None)
- Parking Spots: 12
- Property Type: 4 Family
- Year Built: 1900
- Heating: Unit 1(Gas, Other (See Remarks)), Unit 2(Central Heat, Forced Air, Gas), Unit 3(Gas, Space Heater, Other (See Remarks)), Unit 4(Gas, Space Heater, Other (See Remarks))
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections for Gas Oven
- Exterior Features: Porch
- Foundation: Stone
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Unfinished
- Flooring: Tile, Vinyl, Carpet, Hardwood, Unit 1(undefined), Unit 2(Wall to Wall Carpet, Stone/Ceramic Tile Floor), Unit 3(Hardwood Floors, Stone/Ceramic Tile Floor), Unit 4(Hardwood Floors, Stone/Ceramic Tile Floor)
- Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub & Shower), Unit 2(Ceiling Fans, Bathroom With Tub & Shower), Unit 3(Ceiling Fans), Unit 4(Ceiling Fans), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
- Year Built Details: Actual
- Zoning: R4
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Laundromat, Highway Access, Private School, Public School
- Parking Features: Paved Drive, Off Street, Common, Paved
- Covered Parking Spaces: 6
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Utilities
- Electric: Circuit Breakers, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $291,300
- Compensation Based On: Net Sale Price
- Tax Year: 2022
- Total Rent: $5,000
- Buyer Agent Compensation: 2.0% NS%
- Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Taxes: $7,556
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