8 bedroom house for sale

Overview

This beautiful four-family property has 2BR/1BA units. One unit is left vacant for showings or an owner occupant. The others are rented at $1, 600 (furnished medium-term rental with five-star rating), $1, 000 (market is ~$1, 200) and $1, 099. The vacant unit is nearly identical to the unit rented at $1, 099. With all units rented, gross ann. rent is $57, 000+. Regular expenses are around $14k. All units have been renovated (incl. kitchen upgrades, custom barn doors, some new flooring, paint, new lighting and much more). The furnished unit has its own washer/dryer on premises. The building has also been renovated, incl. new roof (tear off/replace in 2022), tuckpointing, lighting in front/back/basement, security camera and fenced-in yard for dogs and privacy. Located in the quiet neighborhood of Southampton, the property is walking distance to Pipers Coffee and the Macklind District, and a short drive to major hospitals, parks, museums and everything the City has to offer.