**Continuing to Show - Actively Seeking Backup Offers** EXCELLENT CASH FLOW!! This 3-unit multifamily generates over $75,000 ANNUAL GROSS INCOME with an 8.5% CAP RATE. Fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding, in addition to an extensive list of more recent improvements. Detached garage and ample off-street parking in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools.
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Listing Snapshot
Price
$719,900
Days On Site
19 Days
Bedrooms
8
Inside Area (SqFt)
4,001 sqft
Total Baths
3
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.29 Acres
Year Built
1901
MLS® Number
5039089
Status
Active Under Contract
Property Tax
$6,893
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
6 days ago
Listing updated with changes from the MLS®
a week ago
Status changed to Active Under Contract
3 weeks ago
Listing first seen on site
General Features
Acres
0.29
Garage
Yes
Garage Spaces
1
Number Of Stories
2
Parking
PavedOff StreetOn Street
Parking Spaces
1
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
3563
SqFt Below
438
SqFt Total
4337
Style
Colonial
Water Source
Public
Zoning
R2
Interior Features
Basement
FinishedPartially Finished
Flooring
CarpetHardwoodTileVinyl
Heating
BaseboardHot Water
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Exterior Features
Construction Details
Vinyl Siding
Exterior
Balcony
Lot Features
Corner LotLevel
Other Structures
Shed(s)
Patio And Porch
Porch
Roof
Shingle
Listing courtesy of Michelle Sullivan of The Gove Group Real Estate, LLC
Copyright 2025, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-05-22 12:12 AM UTC
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