8 bedroom house for sale

Overview

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This spacious 3-unit multifamily generates over $74, 000 gross income annually. With an 8.26% cap rate and fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding to name a few. Wiring and plumbing updates as well as a new roof w/in the past 8 years in addition to an extensive list of more recent improvements. Ample off-street parking available for tenants in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to highways, hospitals, shopping and schools. Delayed Showings begin Friday, 10/18/24.