87-87a Spring Street
$1,699,000
9
Beds
5
Baths
3,388
Sqft
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$1,699,000
9
Beds
5
Baths
3,388
Living Area
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Property Description
Perfect for 1031 exchange and investors! This is a rare opportunity to buy from the limited 4-family inventory pool. This property features two separate two-family units on one lot, a total of four units! It has been a cash cow for the seller. Convenient location to transportation and shopping. All units have separate utilities. The property consists of a large 5-bedroom, 2-bedroom, and 2 one-bedroom apartments. The property has had several updates over the years, including replaced water heaters, newer heater systems, bathrooms, etc. Any money put in this property will only add to long-term equity. Parking for 3 cars in the driveway. This property also has great potential to increase the value considerably.
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Highlights
- Levels: 7
- Property Class: Residential Income
- Stories: 7
- Year Built: 1900
- Parking Spots: 3
- Property Type: 4 Family
- Total Rooms: 20
- Status: Active
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Additional Details
- Basement: Full
- Flooring: Wood
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Res
- Construction: Frame
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $895,000
- Taxes: $7,630
- Tax Year: 2025
- Total Rent: $11,650
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