A/O- Contract has been sent out. Showing for back ups. Excellent investment opportunity for the savvy buyer or investor. Single Family Residence on a double lot, currently in use as a 3-family home with 3 separate and independent units. Live in 1 unit and allow the other two units to pay off your mortgage. Rent roll possibility is $62, 000+ with all units rented and opportunity to increase rent with a projected cap rate of 8%+ The conversion process from a single family to a 3 family has already been started and is in place for the next owner to complete. Double lot offers potential opportunities for a developer. The property has an assumable FHA mortgage at a mind boggling 2.375% interest rate. Yes, that is not a typo! 2.375%. Call for additional details or to schedule a viewing.
Bedroom: 3 Full Bath: 3 Other: 3
Lot Size: 0.05 Lot Sq Ft: 2178 Approx. Int. Sq. Ft.: 1455.00 Parking Spaces: Yes Parking Facilities: Driveway
Heat: Baseboard, Natural Gas A/C: Wall/Window Unit(s) Water: Public Sewer: Public Sewer
Taxes: $6,671
School District#: 48
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