Rare legal 5-family situated on a picturesque site with a beautiful flowing river. This investment property checks all the blocks...plenty of off-street parking, fully occupied with roughly $66,000 in gross annual rents, long term tenants with very low vacancy. Two high efficiency boilers provide heat to all tenants with relatively low gas consumption. Heat, hot water, and electricity is included in all rents yet overall expenses on the property remain very low (see attached profit and loss). After accounting for projected expenses and mortgage payment this property should cash flow roughly $15,000 per year! Property will be sold as-is with some tlc and potential structural work required.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than RD Denelle Realtors are marked with the MLS logo and detailed information about them includes the name of the listing brokers.