Currently a cash calf that could be a huge cash cow. Rents are well below market and some units need refreshing but are all currently rented and the draw for tenants is this 7 unit building is waterfront!. It is on Ashland Pond with fishing right out the back for Largemouth bass, pickerel, yellow perch and sunfish. Adequate parking in front and rear of building. Utilities except for hot water + water and sewer are separate but see unit details for exceptions. Stated expenses include utilities, taxes, insurance and dumpster rental but not any management fees or one time expenses. Incredible opportunity for growth and well protected by even current income. Commercial loans or cash only- No seller financing and no blind offers! Seventh units rent not listed on MLS, is a one bedroom for $750 a month. It is a basement unit with electric heat.
$475,000 • 3.00%
Make OfferLeo Chomen, RANDALL, REALTORS-Compass
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