This well-maintained 13-unit building offers a strategic mix of five commercial units and eight residential units, including a total of six-one bedrooms, one studio unit, and one two-bedroom unit. The property has been thoughtfully upgraded, including a conversion from oil to natural gas with a central heating system, reducing maintenance costs and ensuring more efficient operation with just one heating unit to manage. Several residential units have been modernized, enhancing their appeal to tenants. The building also benefits from a fully sprinklered system, ensuring safety and peace of mind for all occupants.With impressive financials, the property generates substantial gross rental income and operates with a net operating income of over $100,000. The ease of maintenance, coupled with its attractive income potential, makes this a solid investment opportunity.
12,667 Sq Ft
6,840 Sq Ft Exterior Space
Investment
$8,664 Annual Tax
Built in 1940
MLS/Listing ID 73349442
4 Stories
13 Units
Block
Rubber
City View
Listing Courtesy of FOUR POINTS REAL ESTATE, LLC, CANDOR REALTY GROUP - 978-710-5616
Source of Data: MLS PROPERTY INFORMATION NETWORK