Welcome to a true unicorn of an investment opportunity - 10 Elmwood Street. This rare 3-family property features three side-by-side townhouse-style units, each offering 3 bedrooms, 1.5 baths, private entrances, and over 1,115 sq ft of living space. Each unit includes finished or finishable basement space with laundry. Long-term tenants are in place, all on leases through October 2025, and consistently pay on time. While current rents are well below market value, each unit has the potential to generate over $3,000/month with updates - plus, there's an additional garage on the property that offers extra potential rental income. Investors, this is your chance to own a multi-family property with tons of upside and imagination. New gutters installed in 2024 as well as new kitchen floors in each unit. The property needs some TLC, but the bones are strong and the income potential is huge. Properties like this simply don't hit the market often - especially at this price point. Whether you're looking to hold, renovate, or maximize profits, 10 Elmwood Street checks every box. See it quickly-this one won't last!
Commission structure not available, using default of 2.5%
Make OfferChris Balestriere, William Raveis Real Estate
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.