6 Unit Diamond in the rough investment opportunity. This is a rehab project with earning power potential of 100,000/yr. Needs approx 200,000 in repairs including roof. Being sold as-is with a dilapidated 4 car garage that can be converted into ADU/Workshop/Studio, off street parking, full basement/solid foundation, heat and hot water included. 3 of 6 units are rented. 3 are vacant. We are not selling the cap rate. Steps to Main St and waterfront parks. 1/2 mile to Rip Van Winkle Bridge. This is not for the novice investor. Being sold as-is, no inspection contingencies.
6,112 Sq Ft
6,112 Sq Ft Lot Size
investment
$4,733 Annual Tax
Built in 1930
MLS/Listing ID 993780
6 Units
Construction - Frame
Public Water
Heating - Forced Air
High Speed Internet
Eat-in Kitchen
Public Sewer
Ceiling Fans
Parking - Driveway
Parking - Garage
Parking - On Street
TOTAL MONTHLY COST
$0
$0
$0