Sold!
$1,980,000
46
Beds
16
Baths
0.14
Acres
-
Property Description
Investor's Special! Discover a unique and rare investment opportunity with these two fully occupied and low-maintenance 4-story brick buildings! Featuring 14 spacious three-bedroom and 2 two-bedroom units. This property boasts a total of 46 bedrooms and 16 bathrooms. All units have lead letters of compliance and each unit has separate electric and gas meters. Most units have been recently updated, complemented by new exterior lighting, electrical improvements, and security cameras. Newer porches and 16 parking spaces. This property generates an impressive $285,600 annually. 12 apartments on one-year leases and 4 on month-to-month leases. 5 apartments has long term tenants with under market rent. The mix of long-term tenants and flexible leases presents the ultimate chance to gradually increase rents or consider a condo conversion. Showings start Thursday, 10/3/2024—Don’t let this exceptional and fantastic opportunity slip away! For more details, refer to the attached rent roll.
-
Highlights
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1917
- Parking Spots: 16
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 78
- Status: Closed
-
Additional Details
- Basement: Full
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
- Foundation: Concrete Perimeter
- Total Number of Units: 16
- Year Built Source: Public Records
-
Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, Public School
- Parking Features: Paved Drive, Paved
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $561,300
- Taxes: $21,360
- Tax Year: 2022
- Total Rent: $23,800
Similar Listings
Sold
41 Photos
Sold
18 Photos
Sold
21 Photos
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 Leverage Real Estate, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
