LOOKING FOR A LUCRATIVE INVESTMENT PROPERTY, YOU'VE FOUND IT !!! With 5 units (3 two bedroom & 2 one bedroom) completely rented, this is a great property to add to your portfolio. All units are month to month no leases, tenants pay their own electric and gas heat (separately metered). Gas for leased hot water tank paid by landlord. Security deposits and last month's rents being held on all units. Vacancies are never a problem !! There is a large basement with a concrete floor that could easily be made into tenant storage and/or laundry for extra income. Large roof replaced summer 2011, smaller roofs done prior to that, gas heating systems installed 2006, leased hot water system 2018, 500 amp service, possible knob & tube, shared driveways. Very well maintained and in great condition. Third floor rooms can possibly be turned into bedrooms with emergency exits added - more income potential there ! This is in a Qualified Opportunity Zone !
4,620 Sq Ft
7,920 Sq Ft Exterior Space
Investment
$4,136 Annual Tax
Built in 1890
MLS/Listing ID 73120553
7 Stories
5 Units
Community - Shopping
Community - Tennis Courts
Range
Refrigerator
Thermostat
Heating - Forced Air
Heating - Gas
Block
Stone
Carpet
Hardwood
Vinyl
Construction - Frame
Community - Golf
Community - Marina
Community - Park
Community - Pool
Community - Public Transportation
Community - Walk/Jog Trails
Community - Stable(s)
Community - Public School
Community - Private School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Conservation Area
Community - Bike Path
Utility Connections Varies per Unit
Utility Connections for Electric Range
Utility Connections for Electric Dryer
Parking - Stone/Gravel
Office/Den
Living Room
High Speed Internet Hookup
Ceiling Fans
Bathroom with Tub and Shower
Varies per Unit
Wall-to-Wall Carpet
Insulated Doors
Shingle
1 to 2 Mile To Beach
Beach Ownership - Public
Lake/Pond
Walk-in Closets
Storage
Programmable Thermostat
Pantry
Washer Hookup
Dryer Hookup
Lot - Gentle Sloping
Lot - Easement
Parking - Shared Driveway
Parking - Off Street
Porch
Beach Front
Screens
Insulated Windows
Source of Data: MLS PROPERTY INFORMATION NETWORK