Investment opportunities like this are few and far between! Located in a desirable mixed use district, this well maintained four unit one bedroom apartment building offers an excellent opportunity for both seasoned and first time investors. The property features four one bedroom apartments with full bathrooms, each with its own unique character and appeal. Two of the front/lower units have been thoughtfully renovated within the past five years and feature updated appliances, fresh paint throughout, and modern finishes. The two rear units are occupied by long term tenants who are happy to remain, providing immediate rental income and stability. Outside, you'll find a spacious yard, ample off street parking, and a convenient walkable location close to local amenities. Tenants are responsible for their own electricity and hot water, with each unit having its own dedicated hot water heater. The owner currently pays for heat, water, sewer, trash removal, snow removal, master insurance, and property taxes. Whether you're a seasoned investor or looking to expand your investment portfolio or purchase your first multifamily property in a location where multifamily opportunities are rarely available, this property is one you won't want to miss. Schedule your showing today and discover the possibilities this exceptional investment has to offer.
Operating Expenses : Heat,Insurance,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $5,092
Income
Gross Income | $37,800
NetIncome | $20,537
Appliances : Electric Water Heater
Construction: Vinyl Siding
Year Built: 1920
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3216
Above Grade Sq.Ft.: 2144
Basement: Dirt Floor | Exterior Stairs | Interior Stairs | Unfinished | Interior Access | Exterior Access | Basement Stairs
Exterior Color: Blue
Roof: Slate
Seasonal: No
Heating: Oil
Cooling: None
Electric: 100 Amp Service
Trash: Cans
Utilities: Cable
Electric Meters: 4
Water: Public
Sewer: Public
Land Information
Landscaped | Level | Neighbor Business | Sidewalks | Street Lights | In Town | Near Shopping | Near Public Transport | Near School(s)
Lot size: 0.22 acres
Zoned: Mixed Use #2)
Surveyed: Unk
Flood Zone: No
Road Frontage: 100
Driveway: Paved