Great investment property with room to add a seventh. All units are rented and generating income amounts of $4035 for rent and owner pays $700 for utilities monthly. Unit 3 is section 8 HUD on a 3 bedroom voucher, if a family with 4 bedroom voucher were put into this unit, the monthly payment from HUD would be $1250-$1300. $50,000+ worth of improvements within the last two years to include: Converted to ALL ELECTRIC in May, 2020 with Major Rewiring Completed. Conversion of Boiler System to All Electric Baseboard Heating System, Major Electrical Update, Exterior Painting, New Carpet & Paint in Hallways, Flooring, Interior Painting, NEW ROOF 2021. Great opportunity!
Listing courtesy of RE/MAX Properties East.