Three leasable buildings make up the lot on 39 School Street. One, is a duplex with a two-bed and a four-bed unit. These units also utilize a two-bay and a one-bay garage, respectively. The second, is a four-plex comprised of a 2-bed in the basement, a studio apartment (with a one-bay garage), a two-bed, and a three-bed (with one bay garage). Simply put, this building has been managed in a very professional manner. Tenants have been in place for a lengthy time period making this a very stable investment. Considering a 3% vacancy rate and self-management, this investment is at a 9% CAP. Above all, the finished product is a high quality investment property.
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.
