$857,500
17
Beds
8
Baths
6,648
Living Area
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Property Description
Great opportunity to own a very well-maintained 6 unit with the possibility to add more units in the future (potential total of up to 8 units). Many updates have been completed on this building including a replaced roof (including plywood) in 2016, PVC replacement plumbing, a fully insulated attic, oak hardwoods throughout, as well as many updates to the units themselves. Additional features include coin-operated washers and dryers as well as a full video surveillance system. Two out of the four units are serviced by forced air heating systems - the rest of the units utilize efficient hydroponic electric baseboard heaters. This property can achieve an 8%+ cap rate based on current market rents (currently $1,600/1,100/950/925/900/750). A current and stabilized pro forma analysis can be provided upon request. Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed. Professional photos/media to follow.
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Highlights
- Has View: Yes
- Property Class: Residential Income
- Total Rooms: 33
- Status: Closed
- Parking Spots: 2
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Appliances: Washer/Dryer
- Construction: Frame
- Exterior Features: Gutters, Storage Shed, Garden Area
- Foundation: Granite
- Road Frontage Type: Public
- Total Number of Units: 6
- Year Built Details: Actual
- Zoning: A-3
- Basement: Partially Finished
- Exclusions: Personal Belongings
- Flooring: Hardwood
- Interior Features: Office/Den, Other (See Remarks)
- Roof: Shingle
- View: City View(s)
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Security Features: Security System
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $555,300
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $6,225
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Taxes: $6,814
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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 Keller Williams South Watuppa.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.