Exceptional opportunity to own a turnkey three-family property offering immediate cash flow and outstanding pride of ownership. Ideal for both investors and owner-occupants, the property features three spacious two-bedroom apartments, with two units currently leased at $1,900 and $1,850 per month and one vacant unit ready for owner occupancy or lease-up, providing additional income potential. Fully Occupied the income produces an attractive 8.8% in-place cap rate. Thoughtfully maintained and updated over the years, the property offers replacement windows, newer natural gas heating systems, newer vinyl siding, separately metered utilities, beautiful hardwood floors, off-street parking, and a generous backyard. A true turnkey investment with strong in-place returns and future upside, low deferred maintenance, and operational efficiency. This is an amazing opportunity to own a quality multifamily asset. Highest & Best by Sunday at 5.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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