Keller Williams Advisors
Listed by Keller Williams Advisors
$575,000
Maple Avenue
Details
APN 651-0025-0012-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,942
Year Built 1910
Acreage 0.130
Multifamily
Marketing description
Don't Miss this Fully Renovated 4-Unit Investment Opportunity in Norwood! Turnkey Property features Three 1-Bedroom Units & One Studio Unit, offering Strong Income Potential for Investors or House Hackers alike. Three of Four Units are Occupied: Unit 1 ($1,490/Month), Unit 2 ($1,280/Month), & Unit 3 ($1,300/Month), with Unit 3's Lease ending in July ideal for an Owner-Occupant. Current rents total $4,070/Month. Unit 4, the Studio Unit, is Vacant, currently used as a Short Term Rental, & has Estimated Rent of $1,100/Month, bringing projected income to $5,170/Month. Tenants pay Utilities, creating a Low-Expense Opportunity, & each Unit has its own Washer & Dryer. Building was Completely Renovated with Roof, A/C, & Electrical Panel (2021), Water Heater (2022), & New HVAC / Split Units. Convenient Location near Shopping, Dining, & Highways. Video Tour Attached!
Listing Contacts
Keller Williams Advisors
Listed by Keller Williams Advisors
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