About this home
Attention investors! Exceptional opportunity to own a fully renovated three-family property in Cherry Valley. Extensively renovated in 2025, this property features major updates throughout, including new HVAC systems, electrical, plumbing, windows, siding, and a brand-new driveway completed approximately one month ago. All three units feature the same updated finishes and are currently rented, providing immediate rental income from day one.The property sits on an impressive 4.5-acre lot, offering plenty of space and potential for future expansion or additional development, subject to local zoning and approvals. With extensive improvements already completed, tenants in place, and additional land offering future possibilities, this is a great opportunity to add a multi-family property to your investment portfolio.Don’t miss out schedule your showing today!OPEN HOUSE: Sunday, October 4 | 11:00 AM–12:30 PM
Listing last checked: Listing updated:
Listed by Monique Oliveira · One Way Realty · MLS #73583575
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Details at a glance
Interior5 property facts
- Rooms
- 24
- Heating
- Ductless, Electric
- Cooling
- Ductless
- Flooring
- Tile, Vinyl
- Basement
- Yes · Walk-Out Access, Dirt Floor, Concrete, Unfinished
Building5 property facts
- Style
- 3 Family - 3 Units Up/Down
- Year built
- 1900
- Parking
- 9
- Foundation
- Stone
- Roof
- Shingle
Land & utilities6 property facts
- Lot size
- 4.5 acres
- Water
- Public
- Sewer
- Public Sewer
- Waterfront
- Y
- Pool
- Not reported
- Zoning
- R2
Financial2 property facts
- Annual taxes
- $2,749
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $849,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,527 / monthAdjust
- Principal & interest
- $4,298
- Property tax
- $229
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $2,749. 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.
Price and status timeline
- Exp
$2,500 · Nov 18, 2025
More property insights
Automated value estimate $846,797
Estimated range $768,131–$925,463.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 50 Chapel St
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