Description
Value-add four-unit investment opportunity with projected annual gross rental income of approximately $28,800 at market rents. Built in 1890 and family owned since 1916, this historic property offers strong upside potential for investors seeking cash flow and appreciation. The property consists of four separate units, each with private entrances. Gas and electric are separately metered, reducing owner utility responsibility. Water and sewer are shared. A detached one-bedroom residence with full basement provides additional rental flexibility or potential owner-occupant use. With separate utilities, multiple units, and projected solid rental performance, this property presents an opportunity to stabilize, increase rents over time, and build long-term equity. Ideal for investors looking to reposition and maximize returns.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
Description
Value-add four-unit investment opportunity with projected annual gross rental income of approximately $28,800 at market rents. Built in 1890 and family owned since 1916, this historic property offers strong upside potential for investors seeking cash flow and appreciation. The property consists of four separate units, each with private entrances. Gas and electric are separately metered, reducing owner utility responsibility. Water and sewer are shared. A detached one-bedroom residence with full basement provides additional rental flexibility or potential owner-occupant use. With separate utilities, multiple units, and projected solid rental performance, this property presents an opportunity to stabilize, increase rents over time, and build long-term equity. Ideal for investors looking to reposition and maximize returns.
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RELIABLE, BUT NOT GUARANTEED. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-06-06T23:45:40.567.