Look no further for a turn-key investment opportunity with some upside from below-market rents and some un-utilized space. Fully renovated, insulated, and remodeled 6-unit. This property was converted from a 5-unit to a 6-unit multifamily with all requisite permits and variances. Plot plan, COC, permits completed and inspected. From the under-market rents with stable tenancies to the completely remodeled peace of mind (2 maintenance calls for repair total in 2025), there's a lot to love. Nice lot with courtyard and off-street parking. New electrical, 3 new Rinnai direct vent heaters, and includes 2 car garage with loft. Solid surface counters, mostly quartz, with new fixtures, sinks, etc. All new LED lighting, life safety, and more. Truly turn-key property that not only looks nice, but has many invisible upgrades for long-term stability. 7.47% cap. All six units leased up in less than 3 weeks upon city sign-off for occupancy following deep rehab in 2023, most of those tenants remain except those relocated for work. Garage can still be rented to a third party for more income. Brand new roof installed Dec 2023. Agent interest.
Operating Expenses : Insurance,Maintenance,Professional Management,Other,Snow Removal,Utilities,Water/Sewer
Construction: Wood Frame | Vinyl Siding
Year Built: 1914
Style: Multi-Family
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 5844
Above Grade Sq.Ft.: 4413
Basement: Unfinished
Roof: Membrane
Seasonal: No
Heating: Natural Gas | Baseboard | Hot Air
Cooling: None
Electric: 100 Amp Service
Utilities: None
Electric Meters: 7
Gas_Meters: 7
Water: Public
Sewer: Public
Land Information
Sidewalks | Street Lights
Lot size: 0.13 acres
Zoned: R3)
Surveyed: Unk
Flood Zone: No
Driveway: Concrete