Quick Summary
Quick Summary
- Popular West Side location across from brewery
- Off street parking and highway access
- Laundry hookups and electric heat
- Private entrances and backyard play area
- Good rental income potential
- Low expenses with tenants paying utilities
- Large 9495 sq ft lot
- Opportunity to add more units
In a sizzling real estate market, this property presents a great opportunity. The 4-Plex is in a popular West Side location, across from Moosehead Brewery, just below Main st and just above the busy commercial landscape of Fairville Blvd. It comes with off street parking, easy access to highway east and west exits, laundry hookups,... Show More
In a sizzling real estate market, this property presents a great opportunity. The 4-Plex is in a popular West Side location, across from Moosehead Brewery, just below Main st and just above the busy commercial landscape of Fairville Blvd. It comes with off street parking, easy access to highway east and west exits, laundry hookups, electric heat, each unit with a private entrance, and last but not least, a spacious backyard offering kids a safe haven to play. Check out the numbers with tenants paying their own heat, lights and heating water; rents: apt 607, $1500 (3bedr), apt 609, $1556 (3bedr), apt 609.5, $805 (2 bedr) and apt 607.5, $644 (1bedr) for a yearly total of $54 052; expenses: 2024 property tax $3776, 2023 water $2856, 2023 HW tanks yearly rental $693, current insurance $1875. NET excluding maintenance, $44 852. And with such a huge lot of 9495sqft, you may inquire with the city about adding more units. All info and measurements to be verified by purchaser prior to closing. (id:54626)
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