Sold Status
$440,000 Sold Price
Multi Type
4 Beds
3 Baths
2,272 Sqft
Sold By James Gunger of Coldwell Banker Hickok and Boardman
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Addison County
Welcome to this well-maintained and upgraded three-unit multi-family property, offering an outstanding opportunity for investors and owner-occupants alike. Each unit is currently leased to established and dependable tenants, with all leases set to expire at the end of July, providing flexibility for a new owner to renew leases or move in. The spacious second floor unit features 2 bedrooms and a bonus room along with a full bathroom. On the first floor there are two one bedroom apartments with full bathrooms. Off street parking and a nice yard round out this income producing property. This solid building is in good condition, featuring a number of thoughtful upgrades that enhance both comfort and efficiency. With separate utilities for each unit, including individual heating and electrical systems, this property is easy to manage and ideal for maximizing income potential. Whether you're looking to live in one unit and let the others offset your mortgage, or continue to operate as a fully rented investment property, this is a turnkey opportunity you don’t want to miss. †
Property Location
Property Details
Sold Price $440,000 | Sold Date Jun 20th, 2025 | |
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List Price 419,000 | Bedrooms 4 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 3 | Year Built 1930 |
MLS# 5039535 | Lot Size 0.3 Acres | Taxes $7,929 |
Type Multi-Family | Days on Market 63 Days | Tax Year 2025 |
Units 3 | Stories 2 | Road Frontage |
Annual Income $39,600 | Style Mountain | Water Frontage |
Annual Expenses $0 | Finished 2,272 Sqft | Construction No, Existing |
Zoning HD Resi | Above Grade 2,272 Sqft | Seasonal No |
Total Rooms 4 | Below Grade 0 Sqft | List Date May 6th, 2025 |