Great opportunity to own a key piece of property right on the corner of University Ave & Gershom Ave. Two buildings on one deed, totaling 6 x 4 bedroom units, all with a similar layout. Four units are 4 bdrm/1 bath and two units are 4 bdrm/2 baths. All units are separately metered with tenants being responsible for payment of own electric, heat, hot water and cooking gas. Parking is on street by residential sticker. Laundromat is two doors over. Expansion potential on top level in each building, but one would need to go through the proper city planning and permitting procedures to pursue this option. This a well maintained property by an active owner, with a strong rental history and potential to increase rents. One unit is vacant and unit rent is estimated.
4,017 Sq Ft
4,356 Sq Ft Lot Size
Investment
$14,558 Annual Tax
Built in 1900
MLS/Listing ID 73460353
5 Stories
6 Units
Porch
Parking - On Street
Lot - Corner Lot
Balcony
Construction - Frame
Community - Golf
Community - Public Transportation
Community - Shopping
Shingle
Varies per Unit
Irregular
Community - Highway Access
Community - House of Worship
Community - Laundromat
Community - Medical Facility
Community - Private School
Community - Public School
Community - T-Station
Community - University
Community - Walk/Jog Trails
TOTAL MONTHLY COST
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