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$924,000
11
Beds
7
Baths
6,520
Living Area
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Property Description
Perched on a prominent hilltop corner, this stately and substantial 7-unit brick building commands attention with its high-visibility location and classic architecture. Currently operated as a solid multifamily investment with off-street parking, the property offers both stable income and significant upside. Its generous footprint and strategic corner location make it a prime candidate for commercial redevelopment. Several units are occupied by long-term tenants paying well below market rents, presenting an immediate value-add opportunity through rent increases or unit turnover. Whether you're an investor looking to boost cash flow or a developer seeking a future transformation project, this property offers a rare combination of existing stability and long-term potential.
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Highlights
- Acres: 1
- Parking Spots: 10
- Property Type: 5-9 Family
- Total Rooms: 23
- Status: Closed
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1880
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Additional Details
- Fireplaces: 1
- Lot Features: Corner Lot
- Total Number of Units: 7
- Year Built Source: Public Records
- Foundation: Other
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Gb-4 W
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $504,900
- Taxes: $5,998
- Tax Year: 2025
- Total Rent: $2,800
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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 United Multi Family Corporation.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
