$375,000
1
Bed
4
Baths
1,900
Living Area
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Property Description
Investors Take Notice! It is a pleasure to present this well-maintained 4-unit investment property offering strong upside potential. The property consists of one fully remodeled 1-bedroom unit and three studio apartments. The studio units could benefit from updates, providing an opportunity to increase value over time, while the long-term tenants have expressed interest in remaining in place. The property features ample off-street parking and minimal exterior maintenance. Tenants pay their own electricity and electric baseboard heat, while the owner is responsible for domestic hot water. Additional improvements include a newer driveway (approximately 5 years old), new exterior decks, and a basement that has been professionally reinforced and skim-coated with concrete. Whether you're looking to expand your portfolio or enter the multifamily market, this income producing property offers stable occupancy with future value-add potential!
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Highlights
- Cooling: Window Unit(s)
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1885
- Heating: Electric
- Parking Spots: 6
- Property Type: 4 Family
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Flooring: Tile, Carpet, Laminate, Stone/Ceramic Tile
- Interior Features: Bathroom with Shower Stall, Remodeled, Internet Available - Unknown, Studio, Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Bulkhead, Unfinished
- Exterior Features: Rain Gutters
- Foundation: Brick/Mortar, Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate, Renovated Since
- Zoning: Rc
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Amenities
- Community Features: Public Transportation, Shopping, Golf, House of Worship, University
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $291,700
- Tax Year: 2026
- Total Rent: $2,975
- Rental Fee Includes: Unit 1(Hot Water), Unit 2(Hot Water), Unit 3(Hot Water), Unit 4(Hot Water)
- Taxes: $4,495
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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 Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.