Average square foot calculated using Size range provided by listing agent.
Description
Exceptional 4/5-Unit Investment Opportunity in the Heart of the Artwalk District! Wedged between East Avenue and University, this property is walking distance to Park! This well-maintained multi-family home offers an unbeatable location backing up to the George Eastman Estate. Enjoy easy walking access to popular restaurants, cafes, galleries, museums, and boutique shopping. This property features four units as well as a caretaker’s studio with a strong rental history (it has always been fully occupied). The spacious 3-bedroom owner's unit, with an updated custom bathroom and all new appliances, is intentionally left vacant to allow for a perfect owner-occupancy or premium rent potential. Investors will appreciate the 6.85% cap rate, making this a rare find in such a desirable location. Additional highlights include seven off-street parking spaces, ample on-street parking, in-building laundry for tenant convenience, spacious front porch for common enjoyment, and, 1 & ½ lots which potentially may allow for a new carriage house. Certificate of Occupancy provided. Don't miss this turnkey opportunity to own a prime piece of real estate. Roof: 2008, Furnace: 2010, Hot Water Tank: 2015 & 2015, Electrical Service: 200 AMPS. Delayed Showings until 7/11 at 5 pm. Group showings only during the following times: Friday 7/11 5-6 PM, Saturday 7/12 11 am-12 pm, Tuesday 7/15 5-6 PMShow Description
MLS® NumberR1619899
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.2587
Exterior
GarageYes
Approx. Age1900
BasementFull
DrivewayCommon, Paved, Two Or More Spaces
Garage Spaces
HeatGas, Forced Air
A/C
Heating Fuel
Extras
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