This house is being sold as a 3-property investment package on one deed. Being sold with MLS: 170283789 (42 Fifth St. 2-Fam, Grey House w/ Burgundy shutters) and MLS: 170283786,170283793 (183 No. Main, Single Fam., White House w/ Burgundy Shutters). Note: Gross Income for all three properties is $83,328. Refer to Income/Expense Sheet attached. Property Taxes shown are for all 3 properties. First time offered and excellent for a 1031 Exchange or general investment with an 8% CAP to assure profitability. This investment package features 3 separate properties with a total of 6 units and all located next door to each other for easy management. All units are fully occupied and all have been updated with new mechanical, electrical, plumbing, roofing, siding, vinyl replacement windows and more. All are certified lead free by the local Health Department with no environmental issues. Tenants pay all utilities. Owner pays for cold water only. All units are heated with natural gas, except one is electric baseboard. No oil heat. All properties are connected to city water and city sewer. These are very well-maintained properties and a great investment with good monthly income and cash flow. Also makes a great 1031 Exchange. Owner is a licensed agent and will manage properties for Buyer at a nominal monthly fee.
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