Description
Turnkey fully rented 3-family income producing property in the desirable lower east side of town! This property features two 2 bedroom, 1 bath units, plus a 1 bedroom, 1 bath unit on the 3rd floor, all with attractive floor plans. Lots of recent updates including roof, kitchens, and flooring. Plenty of off-street parking with a 4 car detached garage and driveway. Property is at a 7.3% CAP rate at current rates, with potential for further growth. Conveniently situated just minutes to downtown shopping, restaurants and Rt. 8.
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5BEDS
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0.17ACRES
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3BATHS
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01/2 BATHS
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3,293SQFT
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$141$/SQFT
School Information
Description
Turnkey fully rented 3-family income producing property in the desirable lower east side of town! This property features two 2 bedroom, 1 bath units, plus a 1 bedroom, 1 bath unit on the 3rd floor, all with attractive floor plans. Lots of recent updates including roof, kitchens, and flooring. Plenty of off-street parking with a 4 car detached garage and driveway. Property is at a 7.3% CAP rate at current rates, with potential for further growth. Conveniently situated just minutes to downtown shopping, restaurants and Rt. 8.
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