Average square foot calculated using Size range provided by listing agent.
Description
Investment opportunity! Three units with strong rental history. Recent renovation of the main foyer with fresh paint and new vinyl plank flooring. The two-story front section features original details including natural woodwork, large windows, and winding staircase. Concrete basement is set up for shared laundry (coin-op washer does not work, new dryer) and all utilities (oil tank, Weil McLain boiler, Super-Stor water tank, 100 amp circuit breakers). Rents currently include all utilities (heat, hot water, electric, trash, plowing, lawn care) though Unit C has a separate electrical meter and could renegotiate tenant to pay their own. Plenty of off-street parking and a small yard. Unit A is a fully accessible 1 Bed/1 Bath from the exterior ramp to the large doorways and bathroom with roll-in shower with grab bars and handheld shower. Unit B shares the foyer entry and is a second floor 2 Bed/1 Bath with keypad entry. Unit C is a first floor 1 Bed/1 Bath with its own separate entrance and porch. Great opportunity for a first-time landlord to get into a fully occupied building with $15k+ annual cash flow... Or upgrade one or more units to increase rents or live there yourself.Show Description