$440,000

Rarely available fully rented 3 family property with three car garage on .38 acres with subdivision / buildable potential. Highly desirable location just down the block from the grocery store and other conveniences at the Plaza on Allen Street. Monthly rental income is currently $5038 - floors 1 & 2 are month to month ($1670 + 1600), floor 3 is JDA lease at $1768. 3 bay garage behind house. This home was owned through 2005 by the family that built it in 1920 and much of the original charm remains. The dining rooms have been converted to bedrooms, so each unit has three bedrooms (town card states 2 beds per unit), a family room, kitchen, full bath, front & rear porches and IN UNIT private washers/dryers. Separately metered utilities, roof is about 12 years, the windows have all been replaced. Rear portion of the building has all new plumbing to accommodate in unit laundry. Floors 1 & 2 have high efficiency gas wall mounted heat in basement, floor 3's heat mechanicals are in the attic. Buyer to complete their own due diligence regarding zoning rules & regulations regarding building requirements on the open land. Also for sale from this portfolio MLS #s 24206115, 24206376, 24206411, 24206857, 24206202.