$449,000

Overview

Attention investors! Solid income-producing 3 unit property offering excellent cash flow and future upside. The spacious main floor unit features 2 large bedrooms, a generous kitchen, dining room, and a 4-piece bath, with laundry, a shower, and a large unfinished storage area in the basement. The upper front unit offers 2 bedrooms, an eat-in kitchen, living room, and a 4-piece bath, while the upper rear bachelor unit includes its own kitchen and 3-piece bath. Additional features include a covered front porch, second-floor balcony, and a detached 1.5-car garage generating additional rental income. Current gross rental income is approximately $4,000/month, with tenants paying utilities except for 50% of the water and electricity for the bachelor unit. Low operating expenses and strong income make this an excellent opportunity for both new and experienced investors. (id:67173)

Features

Location