VINTAGE MEDITERRANEAN HACIENDA filled with character and charm in the Historic Old Northeast. Welcoming gated courtyard entry features a fountain and pavers, a great place to relax. This unique property lends itself well for an owner who wants to make it their residence & rent out the other 4 apts. Apt #5 a 2/1 has been reserved for family usage & short term rentals. It has been totally renovated w/gleaming hardwood floors, a fireplace and would make a great residence. Tasteful furnishings are available for purchase separately. Apt #1 a 1/1 also updated w/hardwood floors is leased till 4/16 at $650 per month. Apt #2 a 1/1 updated, currently leased at $650 per month through 4/16, features its own porch, fireplace & restored hardwood floors, Apt #3 a 1/1 is occupied by the Owner’s sister in exchange for managing the property etc. Apt #4 a recently renovated 2/1 is leased at $950 per month through 2/16 and features a fireplace and nice hardwood floors. Extra features are a bike storage area and a garage with individual storage spaces for the tenants, plus a common laundry area and separate tool and work area for the management. South side of bldg. has CH&A and the balance of the bldg. has individual A/C units. Separate electric meters. Owner pays for sewer, water and garbage. All units are appropriately licensed w/the city & state. This unique OLD Northeast property is one of a kind!
Cash Cow. Good Gross and Net. Showing only after approved contract or LOI. Do not disturb tenants. Drive by OK. Purchaser must have proof of funds prior to viewing. Good location close to downtown. 2 buildings, total of 2,374 sq ft heated per tax records.
Awesome investment opportunity. Townhouse style Duplex, each side features: 1st floor formal living, dining, laundry room with large kitchen. 3 spacious bedrooms and bathroom on 2nd level. All utilities are paid by tenants. Rents are currently below market value at $750 monthly. Both units are tenancy at will. Market rent for this six unit should be %900-$950 monthly. Please drive by first, do not disturb tenants. Property is conveniently located to schools, shopping, restaurants, major roadways and minutes to downtown and in close proximity to the beach.