Description
A remarkable investment opportunity is ready for its next owner. This property should qualify for an FHA owner-occupied purchase -- live in 1 unit and collect rent for the other 3 units, covering your own housing bills! Or, collect rent from all 4 units for a steady stream of positive investment income. Owned by the current owner for many years, this 4 unit property has been well-maintained. Only one unit is presently vacant! The units all have 2-3 bedrooms and 1 bathroom; some units can be made into 3 bedrooms by further finishing the attic spaces. All units have their own laundry hook-up (tenants own their own washers and dryers). All units have separate utilities, including oil furnaces (4 furnaces on site) and some units have a couple electric baseboard heaters, also. Perks include units with newer paint and flooring, recently installed roof (1 year front portion, 6 years back portion), newer electric water heaters for some units (other units have oil hot water), new oil furnace for one unit, regularly maintained oil furnaces for all units, paved off-street parking for all units, landlord-owned refrigerators and stoves in all units. New water meters to all units installed August 2024. Front vinyl siding and storm windows are approximately 15 years old. This is an opportunity you don't want to miss!
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
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3,600SQFT
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$63$/SQFT
Description
A remarkable investment opportunity is ready for its next owner. This property should qualify for an FHA owner-occupied purchase -- live in 1 unit and collect rent for the other 3 units, covering your own housing bills! Or, collect rent from all 4 units for a steady stream of positive investment income. Owned by the current owner for many years, this 4 unit property has been well-maintained. Only one unit is presently vacant! The units all have 2-3 bedrooms and 1 bathroom; some units can be made into 3 bedrooms by further finishing the attic spaces. All units have their own laundry hook-up (tenants own their own washers and dryers). All units have separate utilities, including oil furnaces (4 furnaces on site) and some units have a couple electric baseboard heaters, also. Perks include units with newer paint and flooring, recently installed roof (1 year front portion, 6 years back portion), newer electric water heaters for some units (other units have oil hot water), new oil furnace for one unit, regularly maintained oil furnaces for all units, paved off-street parking for all units, landlord-owned refrigerators and stoves in all units. New water meters to all units installed August 2024. Front vinyl siding and storm windows are approximately 15 years old. This is an opportunity you don't want to miss!
©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Julie Robinson and Mark Smith Associates | RE/MAX Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-09-18T14:01:13.173.