Superb opportunity to acquire a stabilized 6-family directly across from Clark University, generating $11,550/month in rental income and a strong $106,100 NOI. Additional revenue comes from coin-op laundry and a heated basement storage/workshop. The property offers a desirable mix of three 2 bed/1 bath units and three 3 bed/1 bath units, plus a fully leased 4-car garage. All apartments are renovated with modern layouts that attract quality tenants. The building is sprinklered, fully insulated, separately metered with tenant-paid electric, and five units are deleaded. In a prime walk-to-campus location with consistent rental demand, this asset is ideal for portfolio buyers or 1031 investors seeking stable income, long-term appreciation, and minimal deferred maintenance. All apartments are leased through Summer 2027. Both garages rented for $700/month, and a basement storage unit can add $200/month when leased.
5,861 Sq Ft
0.22 Privé-hectaren Partijgrootte
investering
US$ 15.126 Jaarlijkse belasting
Ingebouwd 1920
MLS/Listing ID 73469808
5 Verhalen
6 Eenheden
Onregelmatig
Parking - Shared Driveway
Lot - Level
TOTALE MAANDELIJKSE KOSTEN
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