This three family is being converted to a four family and is located in a nice quiet area of the north end of the city. This building has a great property management company in place and is currently cash-flowing for the current owner. The units are in good condition, and the tenants are happy, long term, and are looking to stay. The electrical panels have been updated to circuit breakers. With some cosmetic renovations the rents can certainly be increased to market rate. This house has clean and safe units, with a convenient location minutes to highways, restaurants, shopping, laundry mat and recreational park. One of the first floor apartments is currently being renovated and will have a new kitchen, bathroom and two bedrooms. It will rent for $900. There is also a commercial space on the side that could be rented for additional income, or converted to another unit.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
