For Sale Status
$349,000 List Price
Multi Type
6 Beds
4 Baths
3,120 Sqft
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Washington County
Unique opportunity to own a high quality multifamily investment property in a highly desirable neighborhood, that’s high above the downtown. This building features 3 units. The first floor is a three bedroom, 1.75 bathroom refreshed apartment with a partially finished walkout basement. Most recently rented for $1200 with heat included. The second floor is a two bedroom unit, currently rented at $1100 with heat included. And the third floor is a studio apartment that rents for $700, with the tenant paying heat. This building has been well maintained, and carefully updated with an eye toward city compliance and satisfied, long term tenants. Off street parking in the wraparound driveway, and also a 2 car detached garage (additional parking and/or storage). Very desirable neighborhood, consisting primarily of single family homes. The current rental market suggests that each of these units has significant upside in rent, with unusually little in the way of deferred maintenance. 48 hour notice for showings, no exceptions, please. †
Property Location
Property Details
List Price 349,000 | Bedrooms 6 | Garage Size 2 Car |
---|---|---|
Cooperation Fee Unknown | Total Bathrooms 4 | Year Built 1929 |
MLS# 5039359 | Lot Size 0.21 Acres | Taxes $8,297 |
Type Multi-Family | Days on Market 13 Days | Tax Year 2024 |
Units 3 | Stories 1/2/1900 | Road Frontage 69 |
Annual Income $36,000 | Style | Water Frontage |
Annual Expenses $0 | Finished 3,120 Sqft | Construction No, Existing |
Zoning R-4 Residential | Above Grade 2,720 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 400 Sqft | List Date May 5th, 2025 |