This 9-unit residential building strikes a solid balance between cash flow, efficiency, and long-term value making it a prime opportunity for investors looking for a dependable income property. The building offers a practical mix of layouts: three 4-bedroom/1-bathroom units and six 3-bedroom/1-bathroom units. The layouts are efficiently designed with good natural light, and each unit includes washer and dryer hookups for added tenant convenience. The unit mix appeals to a broad range of renters, supporting consistent occupancy. For investors, the numbers speak for themselves: a diverse unit mix, low-maintenance layout, and strong tenant demand add up to a property built for steady, reliable returns well into the future.
Operating Expenses : Maintenance,Other,Sewer,Snow Removal,Water,Water/Sewer
Annual Expenses
Taxes: $20,818
Income
Gross Income | $208,800
NetIncome | $143,962
Appliances : Electric Water Heater
Construction: Wood Frame | Vinyl Siding
Year Built: 1890
Style: Multi-Family | Multi-Level
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 19651
Above Grade Sq.Ft.: 10826
Below Grade Sq.Ft.: 294
Basement: Bulkhead | Concrete | Exterior Stairs | Basement Stairs
Exterior Color: white
Roof: Flat | Tar and Gravel
Seasonal: No
Heating: Natural Gas | Space Heater | Stove
Cooling: None
Electric: 200+ Amp Service | Circuit Breaker(s)
Utilities: Cable Available | Gas On-Site | Telephone Available
Electric Meters: 10
Gas_Meters: 9
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.36 acres
Zoned: R2)
Surveyed: Unk
Flood Zone: Unknown
Road Frontage: 0
Driveway: None