Prime 3-Unit Investment Property in Ideal Location – Fully Occupied!
Welcome to 48 Rand Avenue, a well-maintained, income-generating multi-family property featuring 3 fully-occupied units. This property boasts a solid rental history with a current rent roll of $3,010 per month, making it a fantastic opportunity for both investors and owner-occupants.
Property Features
Upper Unit: Spacious 3-bedroom, 1-bath unit with beautiful hardwood floors.
Lower Front Unit: Large 1-bedroom apartment offering ample living space.
Lower Rear Unit: Cozy 1-bedroom unit, perfect for tenants seeking comfort and affordability.
Parking: Off-street parking for 3 cars, including a covered garage.
Updates:
Vinyl siding installed (11-2014)
Complete tear-off roof with architectural shingles (6-2013)
New steam boiler for the upper unit (6-2016)
Various flooring and kitchen updates throughout the property
This low-maintenance property has been thoughtfully updated to ensure long-term durability and tenant satisfaction.
Don't miss out on this turnkey investment opportunity!
3,114 Sq Ft
5,265 Sq Ft Exterior Space
Multi Family
$5,537 Annual Tax
Built in 1910
MLS/Listing ID B1568974
2 Stories
3 Units
CHRISTOPHER P WIETIG - 716-310-7235
Source of Data: NEW YORK STATE MLS