Close Price

$450,000

Status

Closed

Type

Multi-Family

Beds

5

Baths

2

Sq. Ft.

2,128

Built

1997

Acres

0.14

$ / Sq. Ft.

$211

FeeKeeper

187

Style

Units are Side-by-Side

Taxes

$5,823

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

Investing in multi-unit residential properties indeed presents a unique opportunity for portfolio diversification and wealth generation. The immediate cash flow from rental income provides a steady stream of revenue, which can be particularly attractive during periods of market volatility. Additionally, the potential for asset appreciation over time can result in significant capital gains. The varying unit sizes in a two-unit building allow for flexibility in tenant demographics, which can lead to lower vacancy rates and a broader appeal in the rental market. Strategic updates and regular maintenance not only preserve but can enhance the property's value, making it an attractive proposition for both current income and future resale. It's a tangible asset that, with proper management, can yield substantial returns while providing housing solutions-a fundamental need in any community.

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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$11,000

$450,000 • 2.50%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

James Montanaro, Coldwell Banker Realty

  • Last Checked 1 Minute
  • Last MLS Update 17 Days

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