This looks like a solid investment opportunity! A 5-plex all 2 bedrooms are renovated units, finished basements, and tenants covering utilities is definitely appealing. Plus, the proximity to the hospital and major highways is a big plus. The fact that rents are below market value means there's potential for increased cash flow in the future. All 5 units have renovated kitchens, some stainless appliances, updated bathrooms, newer flooring through all of the 5 units, all newer light switches and electrical out lets and newer LED lights in most units. If you're considering this, it might be worth looking into the current market trends and rental rates in the area to get a better sense of the potential returns. What do you think? **** EXTRAS **** all 5 units have renovated kitchens, some stainless appliances, updated bathrooms, brand new flooring through all of the 5 units, all new light switches and electrical out lets and new LED lights in most units.. (id:47421)
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Detailed Information
Lot
124.92 x 134 ft
Listing Contract Date
2024-11-02
Location Description
EAST
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
ROW
Business
Business Type
Residential
Business Subtype
Apartments
Building
Cooling Type
Fully air conditioned
Heating Type
Baseboard heaters
Type
Multi-Family
Utility Water
Municipal water
Land
Total Size
124.94 x 134.08 FT
Size of Irregular Land
124.94 x 134.08 FT
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