Investment Opportunity! This three-unit apartment building is situated on a corner lot and offers strong income potential with room to increase cash flow. The property features ample off-street parking for tenants and two means of egress for added safety and convenience. Unit 1 is currently occupied and generating $1,300 per month in rental income. Unit 3 is occupied at $1,110 per month. Unit 2 is currently vacant, providing an excellent opportunity for a new owner to select their own tenant and establish market rent, or occupy the unit while collecting income from the other two apartments. With two income-producing units already in place and additional upside through the vacant unit, this property is well-suited for both seasoned investors and owner-occupants looking to offset their housing expenses.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $189,000 | $80 | RE/MAX Northern Edge Realty LLC |
| Year | Annual Amount | Description |
|---|---|---|
| 2026 | $4,315 |
Junior High School Berlin Junior High School | 0.1 miles away | 07 - 08 | |
Elementary School Marston Elementary School | 0.2 miles away | KG - KG | |
Elementary School Hillside Elementary School | 0.2 miles away | 04 - 06 |