A nice and large three-family investment opportunity located by Trinity College with 10+% CAP rate and 21+% ROI. The property consists of 2 large 4 bed/1 bath units (on 1st and 2nd fl and the 3rd/4th fl are currently rented as one unit for $1,400 per month. It also features: vinyl siding, replacement windows and updated units. The property is fully occupied. The utilities are separate and tenant paid - there is gas heat and hot water + the electrical is updated and also tenant paid - bonus. There is off-street parking + a detached-two-car garage. Opportunity to own a nice, turn key property with minimal expenses - great to start investing or add to your portfolio. Please note: this is a legal 4 family but currently rented as 3. the top floor units are combined for 5/6 bed, 1 kitchen, 1.5 bath unit. *Can also be purchased with the adjacent 12 units at 147 Zion and a Single Family at 159 Zion St.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
