Solid four-plex investment opportunity featuring a proven renovation history and strong rental fundamentals. This 1,610 sq. ft. building offers 7 bedrooms and 4 bathrooms across four self-contained units, providing an attractive mix of one- and two-bedroom suites well suited to local rental demand. The property has undergone major renovations, including updates to kitchens, bathrooms, windows, doors, siding, insulation, flooring, plumbing, and mechanical systems. An updated furnace and newer plumbing add further long-term reliability. A refrigerator was replaced in Unit 2 within the past year. Currently partially occupied, with market rents supporting approximately $4,700/month at stabilization ($950 for the one-bedroom unit and $1,250 for each two-bedroom unit, plus electricity). This creates immediate upside for investors through lease-up and rent optimization. Appliances are included, simplifying turnover and management. The layout and suite mix support consistent demand and efficient operations. The seller prefers to sell this property as part of a portfolio package with 89 Horkoff Street and 633/635 3rd Street, offering investors an opportunity to acquire scale and operational efficiencies across multiple assets. A strong option for investors focused on stabilized returns, renovation-backed value, and long-term rental income. (id:47421)
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Detailed Information
Bedrooms
7
Bathrooms
4
Features
Corner Site, Irregular lot size
Listing Contract Date
2026-01-23
Ownership Type
Freehold
Property Type
Single Family
Structures
Deck
Transaction Type
For sale
Building
Architectural Style
Bi-level
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1975
Construction Style (Attachment)
Attached
Heating Type
Forced air
Type
Fourplex
Rooms
Room
Level
Dimensions
Notes
Living room
Basement
14 ft 4 in x 15 ft 9 in
Kitchen
Basement
9 ft x 10 ft 6 in
Bedroom
Basement
11 ft 9 in x 13 ft
Bedroom
Basement
8 ft x 12 ft
4pc Bathroom
Basement
x x x
Living room
Basement
13 ft 6 in x 15 ft 5 in
Kitchen
Basement
8 ft 5 in x 11 ft 2 in
Bedroom
Basement
9 ft 9 in x 11 ft 10 in
4pc Bathroom
Basement
x x x
Other
Basement
x x x
Living room
Main level
13 ft 6 in x 15 ft 6 in
Kitchen
Main level
8 ft 6 in x 11 ft 2 in
Bedroom
Main level
11 ft 9 in x 12 ft 10 in
Bedroom
Main level
9 ft 10 in x 11 ft 9 in
4pc Bathroom
Main level
x x x
Living room
Main level
13 ft 6 in x 15 ft 6 in
Kitchen
Main level
8 ft 6 in x 11 ft 2 in
Bedroom
Main level
11 ft 9 in x 12 ft 10 in
Bedroom
Main level
9 ft 10 in x 11 ft 9 in
4pc Bathroom
Main level
x x x
Parking Spaces
Name
Spaces
None
RV
Gravel
Parking Space(s)
4
Land
Total Size
0.27 acres
Landscape Features
Lawn
Size of Irregular Land
0.27
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