Built in 1922, this 5 unit property has majority copper plumbing and individual water heaters and washing machine hookups for each unit. Water can be turned off for each individual unit. The property runs with very little expense to owner for utilities, hence the overhead for the property is quite low. There are three garages located behind the building that can provide additional income. The two second-story units enjoy a harbor-facing balconies which were recently rebuilt. The exterior has recently been painted and the roof is in good condition. Due to the property's amenities and location, the property has high occupancy rates. The property is located in a residential family neighborhood. An investor will be able to realize the significant profit the property offers due to the low cost of expenses.
DON'T MISS A NEW LISTING AGAIN!
FREE AUTOMATED EMAIL UPDATES