Property concisest of 5 residential rental units. occupied with long term solid tenants. Turn Key operation. The building was completely renovated in 1989. All units have new high efficient natural gas furnaces (1 year old). Architectural shingle roof (installed 7-8 yrs ago), ample off-street parking for tenants and guests in rear (lot was paved in June 2019) Fully fenced with chain link steel. Level parking lot and lot. 6 meters (5+house) 600 AMP service from street. This is an investors dream. Must been seen. surrounding area is being improved. 3 units are 2 bedroom and 2 units are 3 bedrooms. One of the 3 bedroom units recently became available and is being remodeled with new bathroom, flooring and appliances. This could be for owner occupant or we will put this for rent at $1500/month. the cap rate would be 9% and with rent increases this can become higher.
Listing courtesy of Joseph Martino from Joseph Martino Real Estate
Listing courtesy of Joseph Martino from Joseph Martino Real Estate
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