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Listed by Lorraine Angelo of Pierre Peloquin Realty
Great investment opportunity with a net income of $51,867!! Classic 6-Unit property with easy-to-manage 1-bedroom, 1 bath apartments. Total annual income is $64,800, with only $12,933 in expenses (natural gas, taxes, utilities, insurance, water & sewer). Extremely well-maintained property managed by owner for 14 years. COC valid to 2023. For the convenience of tenants, there's a laundry room with coin-ops and off-street parking for six cars. One 6-zone, FHW system by natural gas with HW off the boiler, tenants pay their own electric. Current rents are below market. Architectural grade roof, vinyl windows & 7 updated circuit breaker panels. Assisted showings by appointment only. Pre-qualification letters must be submitted prior to scheduling a showing. Photos are from past vacancies, property is fully leased. Don't delay, schedule your viewing today!

Property Details of 73 Malvern Street

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