Average square foot calculated using Size range provided by listing agent.
Description
Investors take notice of this package offering 2 adjacent properties with cash flow and big unit mix with a 9% CAP! TOTAL OF 9 UNITS = 8 apartments + 1 large commercial space. 57 Cherry St is a 2-family with two 2 bed/1 bath units - fully occupied. The property has separate & tenant paid utilities. 63 Cherry is a large mixed-use building with six 3 bed/1 bath apartments + 1 large commercial space - fully occupied. The units are mostly renovated w/newer floors, kitchens, baths and fixtures + laundry hookups and mechanicals in each apartment (gas heat & HW + panels in each unit). The utilities are all separate and tenant paid. No basement in #63 - tobacco shop uses the ground level - also separate and tenant paid utilities. Driveway between both buildings + 3 garages and parking for tenants in back. Literally buy and cash flow! Rents are below market = UPSIDE for 24+% ROI.Show Description
MLS® Number24103278
Laundry LevelWasher/Dryer Some Units
Central VacNo
FireplaceNo
Acreage0.19
ExteriorSidewalk, Porch, Gutters, Lighting
GarageYes
Approx. Age1915
BasementNone
DrivewayDetached Garage, On Street Parking, Off Street Parking, Driveway
Garage Spaces
HeatNatural Gas, Hot Water
A/CWindow Unit
Heating Fuel
Extras
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