$535,750
10
Beds
4
Baths
4,472
Living Area
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Property Description
Terrific opportunity to purchase this fully occupied investment property. Two separate buildings. One with two - 2 bedroom units and the other has a 4 bedroom unit as well as a 2 bedroom unit. Newer driveway allows for plenty of off-street parking. Updated gas heating systems, kitchens with all appliances including refrigerators, built in microwaves, ranges, dishwashers and washers & dryers. Flooring is either laminate or hardwood. Town water and sewer. All units have separate utilities. Rents are below market value so there is room for additional income to be generated. Also available is #63 Chestnut abutting property. #63 is a 3 family with 3 bedrooms each and can be purchased together or separately.
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Highlights
- Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Parking Spots: 8
- Property Type: 4 Family
- Year Built: 1900
- Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
- Property Class: Residential Income
- Total Rooms: 21
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Unit 4(Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
- Construction: Frame
- Exterior Features: Porch, Deck, Gutters
- Foundation: Stone
- Lot Features: Easements, Level
- Roof: Shingle
- Year Built Details: Approximate, Renovated Since
- Zoning: R
- Basement: Full, Interior Entry, Unfinished
- Exclusions: Tenant's Personal Property
- Flooring: Vinyl, Laminate, Hardwood
- Interior Features: Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, House of Worship, Public School, Sidewalks
- Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
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Utilities
- Electric: Circuit Breakers, 100 Amp Service, Common, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $442,100
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $5,500
- Buyer Agent Compensation: 2.5%
- Rental Fee Includes: Unit 1(Water, Other (See Remarks)), Unit 2(Water, Other (See Remarks)), Unit 3(Water, Other (See Remarks)), Unit 4(Water, Other (See Remarks))
- Taxes: $5,332
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Listing information provided courtesy of Cedar Wood Realty Group.
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