Current Price:$360,000List Date:2/24/2026Last Modified:3/24/2026
Description
Well-maintained 6-unit multifamily consisting of six (6) 3-bedroom apartments, all fully occupied and generating consistent rental income. The larger unit layout supports strong tenant demand and long-term stability. The property has benefited from recent improvements, including a flat roof approximately five years old, a new water heater, and electrical upgrades with all knob-and-tube wiring removed, enhancing safety and reducing near-term maintenance concerns. Currently operating at an 11.5% cap rate with below market rents, this offering presents an excellent opportunity for investors seeking a stabilized, income-producing asset with major systems already addressed.
Status: PendingOriginal List Price: 360000List Price: $360,000Current Price: $360,000
Property Information
Surveyed: UnknownSeasonal: NoDeed/Conveyance Type Offered: WarrantyDeed: PartialNumber of Units: 6Total Baths: 6Total Full Baths: 6Year Built: 1923SqFt Finished Above Grade: 5070SqFt Finished Total: 5070Garage: NoLot Size Acres +/-: 0.16Source of Acreage: Public Records
Status Change Info
Pending Date: 2026-03-24
Water Info
Water Frontage: NoWater View: No
Units
# of 3 BD Units: 6
Unit 1
Lease: NoLevel: FirstSecurity Deposit: NoMonthly Rent: 1250# Full Baths: 1# of Rooms: 5# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 2
Lease: NoLevel: FirstSecurity Deposit: YesMonthly Rent: 965# Full Baths: 1# of Rooms: 5# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 3
Lease: NoLevel: SecondSecurity Deposit: YesMonthly Rent: 1100# Full Baths: 1# of Rooms: 5# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 4
Lease: NoLevel: SecondSecurity Deposit: YesMonthly Rent: 840# Full Baths: 1# of Rooms: 5# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesWater: Yes
Unit 5
Lease: NoLevel: ThirdSecurity Deposit: YesMonthly Rent: 870# Full Baths: 1# of Rooms: 5# of Bedrooms: 3Dedicated Electric Meter: YesDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Unit 6
Lease: NoLevel: ThirdSecurity Deposit: No# Full Baths: 1# of Rooms: 5# of Bedrooms: 3Dedicated Electric Meter: NoDedicated Gas Meter: NoDedicated Water Heater: NoElectric: NoHeat: YesRange: YesRefrigerator: YesSewer: YesWater: Yes
Property Features
Site: LevelLocation: IntownRoads: PublicStyle: OtherConstruction: Wood FrameBasement: UnfinishedBasement Entry: InteriorExterior: Vinyl SidingRoof: FlatHeat System: Baseboard; Hot WaterHeat Fuel: OilWater Heater: Off Heating SystemCooling: NoneFloors: Tile; Vinyl; WoodDriveway: ConcreteParking: 1 - 4 SpacesVehicle Storage: No Vehicle StorageElectric: Circuit BreakersGas: No GasSewer: Public SewerWater: Public