Exceptional investment opportunity featuring two separate rental buildings with multiple income streams and excellent value-add potential. The front building offers two 2-bedroom, 1-bath apartments, with the upper unit currently leased at $900 per month and the lower unit vacant, providing the opportunity for immediate rental income or owner occupancy. The rear building consists of six individual rental rooms, with a shared kitchen, full bath, separate half bath, and on-site laundry facilities. All rear units are currently vacant, giving a new owner the flexibility to establish market rents and select new tenants from the start. Numerous recent improvements have already been completed, including exterior updates to the front building, a partial roof replacement on the front, a new roof on the rear, new sewer line, updated kitchen and bathroom in the upper apartment, updated electrical and furnace in the rear building, along with exterior repairs. Don't miss this opportunity!
24 days
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446
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24
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Zillow last checked:
Listing updated:
Listed by:
Van Homes Team,
eXp Realty888-501-7085,
Michael VanDeventer,
eXp Realty
Source: eXp Realty,MLS#: 69026033559
Facts & features
Interior
Heating
Forced Air, Natural Gas
Appliances
Laundry: Common Area, Main Level
Features
Basement: Full
Interior area
Total structure area: 6,384
Total interior livable area: 6,384 sqft
Property
Parking
Total spaces: 8
Parking features: Paved
Lot
Size: 1.69 Acres
Dimensions: 223 x 297
Features: Wooded
Residential vegetation: Wooded
Details
Parcel number: 111801250006006
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick, Wood Siding
Roof: Composition,Rubber
Condition
Year built: 1887
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected
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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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