INVESTORS! Are you looking for a positive cash-flow investment property? Look no further! Situated on a generous corner lot, this triplex offers an excellent investment opportunity, featuring three 1-bedroom units—two of which are vacant and one currently occupied under a month-to-month lease. This setup allows for immediate leasing of two units at current market rates (Potential for $3600 monthly income). The first vacant unit has been completely renovated, offering modern finishes and move-in readiness. The second vacant unit presents a unique opportunity for value enhancement, with potential for conversion into a spacious 2-bedroom unit, perfect to boost monthly revenue. Additionally, the property offers a metal roof and a detached double car garage with ample parking, accommodating multiple tenants with ease. Its prime location near a variety of essential amenities, coupled with its proximity to the downtown area, heightens its appeal as a highly desirable rental choice. (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
3
Lot
66 x 99 ft
Listing Contract Date
2024-04-10
Location Description
Turn left onto brown st from north st.
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
r1(f)
Building
Basement Type
None
Cooling Type
None
Exterior Finish
Brick, Vinyl siding
Foundation Type
Brick
Heating Fuel
Electric, Natural gas
Stories Total
2
Type
Triplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Detached Garage
Land
Total Size
under 1/2 acre
Sewer
Municipal sewage system
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