This well-maintained 5-unit property features a unit mix of 3 studios and 2 one-bedroom apartments. It currently generates $6,200 in monthly rental income with clear upside potential through rent increases to market levels. Two out of five apartments have been renovated.The property has had key capital improvements already completed, including a new roof (2022), repaved driveway (2016), and majority of windows replaced (2025), minimizing short-term capital expenditure for a new owner.The building is serviced by a single Weil-McLain gas boiler providing heat to all units. Current ownership covers gas and electric, presenting a clear value-add opportunity to separate utilities and improve operating efficiency, ultimately increasing net operating income.Ideal for investors seeking a stable, cash-flowing asset with proven income and the ability to create higher returns through operational improvements and rent growth.
2,672 Sq Ft
4,397 Sq Ft Tamanho do lote
investimento
US$ 792 Imposto mensal
Construído em 1920
MLS/ID do anúncio 73509413
5 Histórias
5 Unidades
Public Sewer
Public Water
Construction - Frame
Perímetro de concreto
Parking - Paved
Parking - Off Street
CUSTO MENSAL TOTAL
US$ 0
US$ 0
US$ 0