Serious Investos, this is for you! Running a 6.6% cap rate! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Fully rented with stable tenants. Positive income, leased tenants. There is room for rent to be increased. so opportunities are there. Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. This R-40 zoned property and grandfathered. Please do not visit property without an appointment. Call for more details.
2503134R
Multi-Family, 2 Story
Middlesex
1945
Public Water
2
See Remarks
Septic Tank
5,017
Sq. Ft.
Electricity Connected, Natural Gas Available, Natural Gas Connected
Electricity Connected, Natural Gas Connected, Natural Gas Available
Interior Features
- Flooring
- See Remarks
- Cooling
- Window Unit(s)
- Heating
- Electric Heating. Baseboard.
Exterior / Lot Features
- Parking
- 15 Parking Spaces. On Site, Open.
- Lot Dimensions
- 0.00 x 0.00
- Zoning
- R40
- Additional Exterior/Lot Features
- Near Public Transit, Level.
Financial Considerations
$277,800
1510252000000005
$15,968
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