Check out this 5 unit + 5 garage bay investment opportunity off of E Main St with 9% CAP return. This property has all 1 bed, 1 bath units. The utilities are separate and tenant paid - all gas heat, HW and cooking. 2 units w/forced hot air and 3 units with baseboards. Also separate and tenant paid electric - panels in basement. Walk-up attic from 2nd floor. Large detached garage in rear w/5 bays - great for additional income $$. Above the garages is unfinished space that can be turned into office or additional storage for even more possibilities. Good opportunity for a cash flowing asset w/some value add opportunity - with 23% pro-forma ROI.
Listed by Oxford Realty, Amanda Faroni-Sheehan. Data sourced from SmartMLS
