$28,974 BEFORE DEBT SERVICE(CAP RATE OF 14.5%!!)ABSOLUTELY REMARKABLE VICTORIAN STYLE CONSTRUCTION DETAILS IN THE HUGE 4+BR STUCCO SINGLE FAMILY HOME PLUS A 4-FAMILY W/2&3 BR UNITS & 6-BAY GARAGE FOR EXTRA INCOME. UNIQUE OPPORTUNITY FOR AN OWNER OCCUPIED SITUATION OR RENT ALL 5 UNITS TO GET THE BIG RETURN ON INVESTMENT. TWO YEAR OLD $6000+ EXTERIOR PELLET BOILER FOR ALTERNATIVE TO OIL OR TO SELL & RECOVER CASH
MANY UPDATES IN THIS VERY NICE 4 UNIT WITH 4 NICE APARTMENTS, GOOD RENTAL HISTORY, GOOD LOCATION, LARGE DOWNSTAIRS APARTMENT COULD BE A GREAT OWNER OCCUPY SITUATION. GOOD PARKING SPACE. ATTACHED BARN FOR LANDLORD "STUFF" OR RENT IT OUT. SEPARATE HEATING UNITS. TENANTS COULD PAY THEIR OWN UTILITIES. RECENTLY REWIRED. THIS ONE REALLY IS WORTH THE LOOK. PRIDE OF OWNERSHIP SHOWS. MOST ALL THE HARD WORK HAS BEEN DONE AND WITH THE A FULL HOUSE RENTAL FIGURE, THIS IS A EASY KEEPER. GROSS ANNUAL INCOME IS CURRENTLY A PROJECTION.
SUPER 5-UNIT INVESTMENT PROPERTY W/HUGE APTS. 4- 2BR & 1-3BR, NEW BUDERUS BOILER,6 RECENT ELECTRIC PANELS & MOSTLY REWIRED, RECENT ROOFS, HARDWOOD FLOORS, AMPLE PARKING, HARD WIRED SMOKES. IN A VERY NICE LOCATION. A SOLID INVESTMENT. NET OPERATING INCOME OF $22,110 BEFORE MORTGAGE INCLUDING $2700 FOR MAINTENANCE THAT'S NOT NORMALLY NEEDED
This one would make a great owner-occupied option for you. Live in the side of your choice, and have the other side help pay for your mortgage and taxes! 5 year old rubber membrane roof and 9 year old boiler. New water line from the road and new sewer line out back. Most rooms have been re-sheetrocked and most of the plumbing had been replaced. Conveniently located and walking distance to downtown.
INVESTORS TAKE NOTE! THIS IS A GREAT 3 UNIT IN A GREAT NEIGHBORHOOD IN THE BLUFF AREA, AND ON A HUGE LOT. 3 UPDATED UNITS AND ALL RENTED. SEPARATE UTILITIES. FEW HEADACHES! THIS 3 UNIT SETS ON 1/2 ACRE, BOASTS OF A 48X28 NEWER GARAGE FOR LANDLORD PROJECTS OR FOR EXTRA RENTAL INCOME. THIS WOULD MAKE A GREAT OWNER OCCUPIED PROPERTY OR JUST AS AN EASY KEEPER AND ROCK SOLID INVESTMENT.
Owned by the same family for many years,located in the Bluff, Great way to own this beautiful home that shows pride with help with the mortgage. First floor is vacant for you to move right in. First floor living totally renovated, seperate heating units, electic and hot water. Two car garage with electic and large storage area above,nice corner lot with a usable yard, walking to school and parks.
THIS ONE IS A ROCK SOLID BUILDING AND INVESTMENT. 2 HOMES FOR THE PRICE OF ONE. A LARGE 2 UNIT IN THE FRONT WITH A SINGLE FAMILY IN THE BACK. ALSO OFFERS A 3 BAY GARAGE. $850.00 TIMES 3 FOR GOOD RENTS AND GOES A LONG WAY TO HAVING THE TENANTS PAY THE MORTGAGE. THIS IS WORTH THE LOOK. CHECK IT OUT AND COMPARE,THIS ONE STANDS ABOVE THE REST.
ATTENTION FIRST TIME BUYERS!! IF YOU ARE PRESENTLY RENTING THIS MULTIFAMILY SHOULD BE CONSIDERED.OWNER OCCUPY AND ALLOW THE OTHER THREE TENANTS TO PAY FOR YOUR MORTGAGE AND TAXES. A nicely updated four unit building ready to go for new landlord to rent. One unit presently rented. The gross income figure is projected with all units rented.
3 LARGE AND SPACIOUS UNITS, ALL WITH 3 BEDROOMS, MANY UPDATES AND A CERTIFICATE OF APPROVAL FROM THE CITY CLAREMONT DATED 10/05/07. FULLY OCCUPIED, , GOOD RENTS, TENANTS ALL PAY THEIR OWN HEAT, HOT WATER AND ELECTRICAL. PLENTY OF PARKING.
THIS ONE DESERVES A LOOK.
First time on the market.This converted apartment building is a gem! Situated on 2.2 +/- acres of open land. First floor apartment has been owner occupied for years with 2 rentals to help pay the bills.
Dont miss this 3 family tenants pay own heat and elec. while also getting bonus rent from the barn. This 3 family is fully rented and has been repainted in all the uiits inside and out new roof. A new Fire escape is being installed in June. Tenants get to enjoy their own private porchs with great size community yard.
LG. TWO FAMILY HOME W/GOOD INCOME.OWNERS APT. HAS
SEVEN RMS. + 7' X 21' SUN PORCH W/NEW VIYNL WINDOWS. ASPHALT SHINGLE ROOF (3 YRS) VINYL SIDING (3-4 YRS) THREE CAR GARAGE W/WORKSHOP AREA. OWNERS APT. HAS LG EAT IN KITCHEN W/CENTER BAR--DINING RM. -LIVING RM 2-3 BEDRMS. OFFICE & LAUNDRY RM. ALSO GOOD GARDEN AREA.
ROCK SOLID 3 UNIT IN A NICE NEIGHBORHOOD. GOOD CONDITION,OFFERS A GROUND FLOOR 3 BEDROOM APT.HARDWOOD FLOORS. ALL SEPARATE UTILITIES WITH 3 BOILERS, AND ALL SEPARATE ELECTRIC. NEW ROOFS,VINYL SIDED,PAVED DRIVE, PLENTY OF PARKING, NICE YARD. ALL TENANTS PAY THEIR OWN HEAT, HOT WATER, & ELECTRIC. SELLER ONLY PAY TAXES AND WATER BILL. THIS IS AN EASY KEEPER. AND, THE MOST IMPORTANT PART: SELLERS HAVE BROUGHT THE BUILDING UP TO FIRE DEPT.'S SAFETY CODE. OWNER'S PRIDE SHOWS THROUGHOUT.
