This property boasts tremendous potential and the perfect canvas for the savvy investor or homeowner. Live in one and lease the other two. There have been some updates to the interior units in the past, although more is needed. This property offers endless opportunities and is poised for transformation. There are tenants in place and with the right investor there is potential of increase in rental income. The side yard may be able to offer additional potential as well.
The three current leases are well below what the new Buyer can charge ranging from $1,350-$2,150/month for the two, two bedroom units and $900-$1,695/month for a one bedroom. Off street parking for up to 4 cars from the rear alley offers convenience as well.
The property is being sold in "AS IS CONDITION". The Buyer is responsible for Certificate of Occupancy, Rental license, etc. and to confirm all zoning criteria as this is listed in the Historic District, 2 blocks down from the Courthouse, nearby Lawyers row and the Transportation center at Swede and Main Streets.