Listing Tools

Listed by Mike Kalil of Watson Realty & Associates, PLC
Great Investment Opportunity! many recent upgrades. including the one bedroom completely remodeled, APT#1 washer/dryer hookup & tiled back entry, 3rd bedroom on second floor. All new paint & some new carpet, new vinyl kitchen floor, new bath flooring & vanity, new light fixtures. Oil heat and hot water. APT#2 washer & dryer HU, propane heat, wall unit. APT#3 New paint & new carpet, new kitchen cabinets, counters & appliances, new bath vanity & flooring, propane heat wall unit, new electric hot water heater, combi 1st & 2nd fl. living space. Large 2 story barn rented as workshop. Rent $140 per mo. House rewired and many more updates to list here, Ample off street parking. Good rental history. Convenient City location, walk to downtown and library. Near bus stop. Gross yearly income is $43,080 and expenses are $22,484 including 7% Management fee ( $3015) and 5% vacancy estimate ($2154) your Net Income is $20,596 cap rate of 11.5% at asking price, but if you manage yourself and take out the vacancy your NOI is $25,765 Cap Rate over 14% at asking price. EMP and Certificate of occupancies are done.

Property Details of 55 Prospect Street

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Map Location

Driving Directions

Broker Reciprocity

Copyright 2021 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 April 15, 2021.

 

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: