Incredible Investment Opportunity - First Time on the Market! This rare quadruplex has been lovingly owned by the same family since its construction in 1960 and is now available for the first time. Nestled in a quiet, serene neighborhood, this property offers easy access to a variety of amenities, restaurants, and shops. With a Walk Score of 93, it's ideally located for convenience and accessibility. The building is fully rented with wonderful tenants in place, making it a fantastic income-producing investment. Don't miss out on this exceptional opportunity!
Sale without legal warranty of quality, at the buyer's risk and peril.
Rare Opportunity - First Time on the Market in over 60 Years!
This well-maintained 4-unit building has been meticulously cared for and passed down from one generation to the next since its original construction. Now available for the first time in over six decades, this property presents a unique investment opportunity.
Unit Details:
- Unit 1 - 6.5 (current rent at $1,675) - Unit 1B - 2.5 (fully renovated, current rent at $925) - Unit 2 - 3.5 (current rent at $835) - Unit 3 - 3.5 (current rent at $825)
With steady rental income and a long history of careful upkeep, this property is truly a one-of-a-kind find. Don't miss your chance to see it in person. Schedule a viewing today!
Building details and property interior
Dimensions
29' 11" X 42'
Year constructed
1960
Lot and exterior features
Lot size
37' 6" X 84'
Lot area
3,150 ft²
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 272,100
Building assessment
$ 530,400
Total
$ 802,500
Taxes
Municipal
(2024)
$ 5,169
School
(2024)
$ 660
Total
$ 5,829
Gross annual revenues (potential)
Residential
$ 51,120
Total
$ 51,120
Inclusions and exclusions
Inclusions
Unit 1 - dishwasher, GE washer & dryer (red); Unit 1B - dishwasher, Kenmore washer & dryer (white). As per leases.