Description
INVESTMENT PROPERTY 4-UNIT APARTMENT BUILDING. Constructed in 1911. This bright, solid and clean brick apartment building flows with wonderful woodwork + hardwood floors throughout, open living area with large windows, spacious kitchen, 2 comfortable bedrooms plus 3rd room for office/entertaining and large full bathroom. Central stairway leading to the top 2 apartments. Classic tile in the entrance way. Basement is clean, dry with new glass block and hold the new and separated: electrical/ circuit breakers, water heaters, furnaces - all separate and all new! This building is solid and with all the upgrades you will not need to do anything for decades besides collect rent and equity. Currently 3 of the 4 units month to month, quiet and respectful paying tenants leasing at $900 p/m which is significantly low for the area. 1 unit rented at $900 with a one year lease. Rents typically go for $1100+ for equal space. Rent and equity potential is obvious.
Location
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Listing Agent: Jessica Juel Courtesy of: Arterra Luxe Collection LLC IDX provided courtesy of Realcomp II Ltd. via site owner and the originating MLS listed above, ©2022 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Updated: 16th August, 2022 6:43 PM (UTC)
