5 unit - 6 BR 5 Baths. One 2 BR and four one BR. Great rental history. Great opportunity for investors with a 50% ROI or owner occupied and other tenants will pay your mortgage and still put money in your bank account each month. 0.56 acres. Built in 1880. 3,990 sq ft. Good sized parking area for 6 or 7 cars. All apts. furnished with appliances and coin operated washer and dryer in common laundry area included in sale. Garage with side storage and second floor that could be converted into an apt. and a small storage building. 6 meters for electric. 5 for tenants and one for owner which is laundry area. One meter for water/sewer which owner pays. One year bills to verify expenses will be provided by owner. Theresa generates its own power so utility bills are extremely low in comparison to National Grid. All apts have electric heaters and two have propane monitor heaters. Solid foundation. House just needs paint. Rubber roof on main house. Metal roof on back addition and shingled roof on two porches. Two hot water heaters are new within last two years. Three apts have updated vinyl double pane windows. There is a small attic with belfry. The last picture shows original front doors 9' 6" tall, 2 1/2 " thick and 25' wide with original glass if you want to incorporate them back into home. This home could be converted back to a huge single family home with a few simple modifications. Library directly across the street. Indian River School District.We do have two Managers that are very familiar with the property. They meet with tenants, go over lease, make deposits and tend to needed repairs or emergencies should they occur. Both managers may consider transferring services to new owner.
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