Exceptional 3-Family Brick Home with Outstanding Income Potential! Don't miss this rare investment opportunity! Tax records do not reflect the true size—this solid brick home measures 17x57 with approximately 1,969 sq ft of living space. Minimal expenses tenants pay heat, hot water, cooking gas and their own electric. Two units… Read More can be delivered vacant, offering flexibility for both investors and end-users. The spacious main unit features a large 2-bedroom layout with an eat-in kitchen and a generous living/dining area that can easily be converted to a 3-bedroom. The second floor includes a studio and a separate 1-bedroom apartment—ideal for maximizing rental income. Currently generating 75,012 in annual rent (well below market value), this property has the potential to bring in approximately 101,000 annually at fair market rates. A fantastic opportunity for investors or owner-occupants looking for strong returns and long-term growth. Read Less
Courtesy of Revolution Realty Group.
Listing Snapshot
Days Online
26
Last Updated
Property Type
Single Family
Beds
5
Full Baths
3
Square Ft.
1,969
Lot Size
0.06 Acres
Year Built
1931
MLS Number
2504390
30 Days Snapshot Of 10301
$854k
+42%
(avg) sold price
10
0%
homes sold
232
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1931, Building area total: 1,969, 2 stories, Construction materials: "Brick", "Cable"
Cooling
"Units"
Expenses
Operating expense: $11,371
Garage
1 garage space
Heating
"Hot Water", "Natural Gas"
Income
Gross income: $75,012, Net operating income: $63,642
Lot
0.06 acres, 2,400 square feet, Area: 2,400
Parking
"Off Street"
Property
Zoning: R3A
Sewer
"City"
Taxes
Tax annual amount: $5,205
Utilities
Electric: "220 Volts"
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