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Listed by Pierre Peloquin of Pierre Peloquin Realty

Listing Sold by Realty One Group Next Level
Calling all Investors! This "Investor Grade" 3-Family is perfectly located just a few blocks from Derryfield Park in a neighborhood of well maintained single family homes. Features SPACIOUS 2-Bdrm units on 1st and 2nd floors along with a SPACIOUS 1 - Bedroom on top floor (but currently being used as a 2-Bedroom) Tenants pay all separate utilities. Entire exterior just recently vinyl sided & Aluminum wrapped covings for true 'No Maintenance' worries & Updated vinyl windows. Two car garage provides added revenue of $200.00/ month . All happy residents are 'Tenants at Will', NO LEASES. COC valid to 05-01-2026. Current Gross $45,600.00 with $11,067.00 expenses (includes taxes) NET $34,533.00. An easily managed investment in a great location. Note: Some elbow grease and TLC needed in two of the units..Seller WIL NOT vacate a unit for 'Owner Occupancy'.

Property Details of 242 Prospect Street

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