RARE OPPORTUNITY to own this 5-Plex in the Heart of Downtown! Although much of it is in Original Condition, this Property has been Excellently maintained! Featuring 2 x 2 Bedroom Units upstairs, 2 x 1 Bedroom Units in the basement & a 3 Bedroom Spacious Main floor Unit. This property could operate @ a 4.94% Cap Rate with an operating Annual rent of $79,200 - EASILY! Great Holding Property with Large Scale Zoning! This property is Very Turn Key and features Multiple Entrances for complete tenant/owner privacy PLUS a 33 x 22 Triple Car Garage along with about 5 Exterior parking stalls on the driveway. The owners fenced backyard is a Beautiful Peaceful serenity amongst the busy vibrant life of downtown! All Fire Code permits are up to date. This is the Opportunity to be a few steps from Jasper Avenue in a Centralized portion of Downtown. Excellent Purchase for Large Family / Investors to Buy & Hold or Develop in a Clean Central Spo (id:51989)
| Constructed Date | 1955 | Size Interior | 3049 Sqft |
| Acreage | No | Size Irregular | 6451.236000000001 |
| Size Total | 6451.236 Sqft|under 1/2 Acre | Size Total Text | 6451.236 Sqft|under 1/2 Acre |