Description
Regal and stately multi-family is fully occupied and offers room for additional income. In very good condition, this is an amazing investment for the savvy buyer. There are 2- 1 BR units, 3-2 BR units, 1-4 BR unit, a handyman bungalow and a small barn. The property is absolutely gorgeous with the stream running across the back for a serene country setting. Big wraparound porch offers room for everyone to have a share and the Gigantic yard is perfect for picnics and outdoor play. The main part of the building houses 5 units and landlord pays heat and hot water, tenants pay electric. The addition in back offers a 2 BR unit with a washer/dryer, nice sized LR, enclosed porch and a deck. The tenant for that unit pays heat/hot water and there is a separate septic system. Double pane windows throughout, vinyl siding, roof in 2018, porch roof and boiler in 2021. Rents are under market value, and all the big ticket items have been updated. This makes good sense!
Extras: 8.5% Cap Rate
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0BEDS
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1.04ACRES
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0BATHS
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01/2 BATHS
Description
Regal and stately multi-family is fully occupied and offers room for additional income. In very good condition, this is an amazing investment for the savvy buyer. There are 2- 1 BR units, 3-2 BR units, 1-4 BR unit, a handyman bungalow and a small barn. The property is absolutely gorgeous with the stream running across the back for a serene country setting. Big wraparound porch offers room for everyone to have a share and the Gigantic yard is perfect for picnics and outdoor play. The main part of the building houses 5 units and landlord pays heat and hot water, tenants pay electric. The addition in back offers a 2 BR unit with a washer/dryer, nice sized LR, enclosed porch and a deck. The tenant for that unit pays heat/hot water and there is a separate septic system. Double pane windows throughout, vinyl siding, roof in 2018, porch roof and boiler in 2021. Rents are under market value, and all the big ticket items have been updated. This makes good sense!
Extras: 8.5% Cap Rate
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