The tenants pay for their own heat, hot water, and electricity. This four-unit investment property offers excellent income potential with minimal landlord expenses. It includes three 2-bedroom, 1-bath apartments located at 412 Burgess Street (#1–3), along with a detached 1-bedroom, 1-bath home at 416 Burgess Street—all situated on the same lot. Major updates completed in July 2024 include a complete electrical system replacement brought up to code, new vinyl siding, replacement windows and doors, and two legal means of egress. Each unit features washer/dryer hookups and appliances. The detached home, complete with a full basement, has been renovated with new flooring, fresh paint, updated bathroom fixtures, cabinets, light fixtures, and appliances. Exterior improvements regarding the home, include fresh paint, a new propane tank, new stair railings, a waterproofed foundation with perimeter drainage, and a repaired retaining wall. The exterior stairs leading to the shared area above the garage have also been replaced, and a two-car garage adds additional value.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Price Changed | $239,900 -7.7% | $79 | RE/MAX Northern Edge Realty LLC | |
Listed For Sale | $259,900 | $85 | RE/MAX Northern Edge Realty LLC |
Year | Annual Amount | Description |
---|---|---|
2025 | $4,705 |
Elementary School Hillside Elementary School | 0.7 miles away | 04 - 06 | |
Elementary School Bartlett Elementary School | 0.6 miles away | 01 - 03 | |
Elementary School Marston Elementary School | 0.8 miles away | KG - KG |