There is an assumable loan at a rate of 3.125 with a maturity date in July of 2051 for a new buyer to take advantage of. Please inquire for full details. This striking red brick three-unit building underwent a full gut renovation in 2018, completed with permits and attention to every detail. Modern upgrades include central air conditioning, new plumbing and electrical systems, fully redesigned kitchens and bathrooms with contemporary finishes, new flooring throughout, and tankless water heaters. Spacious new master bedrooms, private outdoor spaces, and a shared rear patio offer residents an elevated living experience. The building also features on-site parking for 2-3 vehicles, a premium amenity in the area. The current ownership intends not to renew the Unit 2 lease, providing an ideal opportunity for an owner-occupant to move in and enjoy the property while collecting rental income from the remaining two units. With rents currently positioned below market rates, new ownership has significant potential to increase income through rent adjustments. This is a rare opportunity to acquire a beautifully renovated, income-producing asset with both immediate and long-term upside.

Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness



Based on information submitted to the MLS GRID as of 2025-05-11 12:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-05-11 12:50 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.