Description
Perfect opportunity for an owner occupied multifamily property. 87 Currier is high above the flood zone, in a desirable, residential neighborhood. The first floor apartment, with three bedrooms, 1.75 bathrooms, and a partially finished walkout basement would make a wonderful owner's unit. It has been recently renovated with refinished hardwood floors, fresh paint, and many other updates to make for comfortable living. The second floor is a two bedroom apartment that has been well-cared over the years. Rent is $1100 and includes heat. The third floor is a studio apartment, with a long term tenant that currently rents at $700, heat not included. Rental market research suggests that these rents are below market. Each unit has exterior space--decks or porches--that overlook the city and catch cool breezes in the summertime. Systems and structure are in good condition, and the current owners have paid special attention to maintenance and upkeep. 2 car garage for tenant storage or parking, plus designated off-street parking on the wraparound driveway. Very convenient to downtown. The location condition, and sound financial decision you're making as an owner-occupant will make you proud to call this home. Starting out, $1800 in rental income (with room to grow), and you have a 3-bedroom apartment that you own? Kind of a no brainer.
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3BEDS
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0.21ACRES
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2BATHS
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01/2 BATHS
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3,120SQFT
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$112$/SQFT
School Information
Description
Perfect opportunity for an owner occupied multifamily property. 87 Currier is high above the flood zone, in a desirable, residential neighborhood. The first floor apartment, with three bedrooms, 1.75 bathrooms, and a partially finished walkout basement would make a wonderful owner's unit. It has been recently renovated with refinished hardwood floors, fresh paint, and many other updates to make for comfortable living. The second floor is a two bedroom apartment that has been well-cared over the years. Rent is $1100 and includes heat. The third floor is a studio apartment, with a long term tenant that currently rents at $700, heat not included. Rental market research suggests that these rents are below market. Each unit has exterior space--decks or porches--that overlook the city and catch cool breezes in the summertime. Systems and structure are in good condition, and the current owners have paid special attention to maintenance and upkeep. 2 car garage for tenant storage or parking, plus designated off-street parking on the wraparound driveway. Very convenient to downtown. The location condition, and sound financial decision you're making as an owner-occupant will make you proud to call this home. Starting out, $1800 in rental income (with room to grow), and you have a 3-bedroom apartment that you own? Kind of a no brainer.
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Courtesy of Ray Mikus of Green Light Real Estate: .