Attention investors--this is a high-yield multifamily opportunity in Grafton County featuring 13 residential units with strong in-place cash flow and additional upside potential. Currently operating at a 8.25% CAP rate, the property offers immediate income along with the ability to further enhance returns through targeted improvements and rental growth. Investment Highlights: *Unit Count: 13 units *CAP Rate: 8.25% (in-place) *Tenant Profile: Mix of long-term and newer tenants *Management: Professional property management in place Property Features: * Durable metal roof * Low-maintenance vinyl siding * Updated fire egresses * New common area flooring * On-site parking for tenants * Value-Add Potential Showing Instructions: Limited tours / group showings only; Contact agent to schedule; No seller financing available
Operating Expenses : Heat,Insurance,Maintenance,Professional Management,Snow Removal,Trash,Utilities,Water
Construction: Wood Frame
Year Built: 1900
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 6909
Above Grade Sq.Ft.: 6909
Basement: Bulkhead | Dirt Floor | Full | No Tenant Access | Sump Pump | Unfinished | Exterior Access
Exterior Color: Tan
Roof: Metal
Seasonal: No
Heating: Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Trash: Dumpster
Utilities: Cable Available | Telephone Available
Electric Meters: 14
Gas_Meters: 0
Water: Public
Sewer: Leach Field Off-Site | Septic
Land Information
Country Setting | Level | Major Road Frontage
Lot size: 0.34 acres
Zoned: 401 NO)
Surveyed: Unk
Flood Zone: No
Driveway: Dirt | Gravel