Huge opportunity for an investor or owner-occupant. Nice licensed Triplex. Well-maintained with newer flooring and paint throughout. The building is vacant, so you can start fresh. Previously, the owner rented the main level as a 3-bedroom, the second level as a 2-bedroom, and the third level as a 2-bedroom. They rented to non-profits who paid approximately what Section 8 would have paid. Rent for the main was $2192/mo, the second level was $1448, and the third level was $1562. All separate meters for electric; owner pays the heat on the boiler, but separately metered water heaters (two of which were replaced during the current ownership), and owned coin-operated laundry. Don’t miss the amazing 3 car garage. The owner never allowed the tenants access to the garage, but you could possibly adjust the rent upwards with garage access. The owner also replaced the roof during their ownership.
The Right Place to Call Home.
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