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Listed by Andy Yau of RE/MAX Shoreline
Investors take notice, as cash is king with this money machine. This investment currently maintains a rare 9.2% cap with value add potential and it has plenty of room for equity building. Pay your mortgage and more, with your consistent long term tenants, and not have to worry about future vacancies. Keep your expenses low with your easy blue vinyl siding, and separate utilities. Tenants enjoy being located a walk to downtown, but yet also be conveniently located in a private neighborhood with plenty of off-street parking. Tenant also have separate washer/dryers in unit, separate porch access and a nice backyard. Some improvements include a new roof and a new boiler. There is newer water tanks, a newer oil tank and there have been some updates to the electrical/plumbing. Units need some TLC.

Property Details of 28 Chestnut Street

Property Details

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 18, 2021.

 

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