Sold!
$515,000
4
Beds
2
Baths
2,276
Living Area
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Property Description
Great investment property located in the Burncoat neighborhood. Young roof, two new heating systems, replacement windows - very solid house, not much to do other than buy! This property is generating $3500/month between two units; a 6.5% cap rate for a two-family! A quaint backyard and patio with one off-street parking spot in front. Inside each unit comes with two nice-sized bedrooms, one bathroom with shower/tub, a large kitchen with galley pantry, a dining room and a living room. Two enclosed and two open porches on each floor and plenty of closet space and storage in the basement. Each unit has its own washer and dryer in the basement! This property is stabilized/turnkey for an investor or a great option for someone who wants to owner occupy. Either way this property is ready for its next owner! *OFFER DEADLINE MONDAY 5/6 BY 6PM*
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Highlights
- Heating: Natural Gas
- Property Class: Residential Income
- Total Rooms: 10
- Status: Closed
- Parking Spots: 1
- Property Type: Multi Family
- Year Built: 1923
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Additional Details
- Appliances: Range, Refrigerator, Washer, Dryer
- Construction: Frame
- Exterior Features: Garden
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Interior Entry
- Exclusions: Tenants Belongings In Units And Basement.
- Flooring: Wood
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Rl-7
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Amenities
- Community Features: Public Transportation, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $443,100
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $6,354
- Buyer Agent Compensation: 2.5%
- Facilitator Compensation: 1%
- Tax Year: 2023
- Total Rent: $3,500
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Listing information provided courtesy of Champion Real Estate.
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