Average square foot calculated using Size range provided by listing agent.
Description
Showings begin with group showing this Friday, August 1st promptly at 5:00 p.M. Great Investment – 5-Family with Separate Utilities, This sought-after 5-family property is a prime investment opportunity. With total rents at $6, 015 this offers over a 10% cap rate emphasizing its steady cash flow. Just a short distance from the Lake Dennison recreational area this property is located on a corner lot in a well-established neighborhood, it's close to shopping, schools, and area amenities. The property features separate utilities for each unit, with propane heating and new hot water tanks. Three of the five units have been fully revamped - two of which are in lease contracts. Two units offer washer/dryer hook-ups. The well-maintained common areas further add to the property’s appeal. This is a solid investment for those looking to add a multi-family property to their portfolio or an owner-occupant looking for rental income with future growth potential.Show Description
MLS® Number73411021
Laundry Level
Central VacNo
FireplaceNo
Acreage0.19
Exterior
GarageNo
Approx. Age1900
BasementUnfinished
DrivewayOff Street
Garage Spaces
HeatNatural Gas
A/C
Heating Fuel
Extras
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