About this home
New Listing! Great opportunity to own a spacious 4-unit property with over 3,600 square feet of living space in a convenient in-town location! The impressive owner's unit offers 4 bedrooms and 3 baths, a newer kitchen, a comfortable living room with a fireplace, and plenty of character throughout. The additional three rental units include one 1-bedroom apartment and two 2-bedroom apartments, offering excellent income potential. Many important updates have already been completed, including updated windows, electrical, and furnace, along with additional interior improvements. The exterior could use some fresh paint, giving the next owner an opportunity to add their own finishing touches and build even more value. Situated on a nice in-town lot close to local amenities, this property is an excellent option for an investor looking to expand their portfolio—or for an owner-occupant who wants to live in the spacious main unit while generating rental income from the other three apartments. Lots of space, multiple income streams, and great potential all in one property! Call today to schedule your showing.
Listing last checked: Listing updated:
Listed by Listing Agent · Progressive Realty · MLS #1679420
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Details at a glance
Interior4 property facts
- Heating
- Oil, Hot Water
- Cooling
- None
- Flooring
- Laminate, Vinyl, Hardwood
- Fireplaces
- 1
Building5 property facts
- Style
- Other
- Year built
- 1921
- Garage
- 0
- Foundation
- Poured Concrete
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.33 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Urban Res 2
Financial2 property facts
- Annual taxes
- $4,503
- Assessment year
- 2024
Location
Estimated monthly cost
Explore costs at the $255,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$1,665 / monthAdjust
- Principal & interest
- $1,289
- Property tax
- $375
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,503. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 7 2nd Street
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Request a tour of 7 2nd Street and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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