Very Impressive 3 Unit, 9 Bedroom Home In Town Plot, Family Owned/Managed Since 1928. Meticulously Maintained And Updated With Improvements Consisting Of New Roofs (5yrs) On Both Home And 3 Car Garage, New Vinyl Siding, All New Windows, Fire Doors And Foam Insulation Have Been Added From Attic To Cellar. Lead Abatement And Painting Throughout All Porches And All Interior With Supporting Certification Has Certified Property Lead Safe. All Stairways And Exterior Porches Covered With Coin Grip Rubber Flooring And Equipped With New Handrails, All Kitchen Flooring Replaced Along With All Refrigerators And Stoves. Please Note Property Is Equipped With Several Safety Features Including A Hard Wired Security And Alarm System, All New LED Exterior And Stairway Lighting, Smoke And Co2 Detectors Throughout, New Galvanized Chain Link Fence Securing Entire Property Including A Gated Driveway. Natural Gas Heating. Property Has Been Mechanically Updated With All New Water Heaters, Gas Boilers, And Electric Panels. Storage Throughout Property Including Shelving, Closets, Walk Up Floored Attic, 3 Gated Storage Areas In Basement, A 3 Car Garage As Well As Gated Dog Area Provide Additional Income Opportunities. A Potential +9% Cap Rate Based On A $1800p/m Rent Rate After Allowance For Taxes, Insurance, Weekly Landscaping and 10% Vacancy And Maintenance Fund. Approximate 14% Cash on Cash Return. (Must Perform Own Due Diligence) PLEASE DO NOT DISTURB TENANTS OR WALK PROPERTY W/O AN APPT!!
$500,000 • 2.00%
Make OfferAlexander Martin, Full Service Realty LLC
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.