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Listed by Matthew Lefebvre of Elm Grove Realty

This nine unit investment property is an easy to manage building with a lot of upside! Many of the apartments were recently renovated over the last few years and comprised of a mix of four 3BR, three 2BR, and two 1BR apartments, many with laundry hookups. With a combination of nine off-street parking spaces off the alleyway and an additional nine off-street parking spaces in the driveway, parking here is no problem. In addition to many units getting remodeled, in 2017 this building went through a FULL lead abatement. Electric is separated and paid by tenants, while heat & hot water is included in the rent, and due to the recent spray foam insulation, heat costs remain very low! Some parking spaces are currently rented to neighboring properties and producing additional income for the owner, adding to the total bottom line. This is a great potential investment for any buyer looking for a solid building with room to add value on day one. Broker interest.

Property Details of 305 Amherst Street

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 14, 2019.

 

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