Listing courtesy of Matthew R Martel from RE/MAX Northern Edge Realty LLC. ()
Investment Opportunity! This three-unit apartment building is situated on a corner lot and offers strong income potential with room to increase cash flow. The property features ample off-street parking for tenants and two means of egress for added safety and convenience. Unit 1 is currently occupied and generating $1,300 per month in rental income. Unit 3 is occupied at $1,110 per month. Unit 2 is currently vacant, providing an excellent opportunity for a new owner to select their own tenant and establish market rent, or occupy the unit while collecting income from the other two apartments. With two income-producing units already in place and additional upside through the vacant unit, this property is well-suited for both seasoned investors and owner-occupants looking to offset their housing expenses.
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