About This Property

A solid multifamily investment opportunity with potential for future development. Offering six fully occupied units consisting of three 2-bedroom apartments, two 1-bedroom apartments, and a studio, all situated within a 7,172-square-foot building on 0.79 acres. Current rental income is $6,850 per month. Each unit has separate electric and gas heat, while hot water is included in the rents. Hardwood floors throughout most of the units and 10+ off-street parking spaces. The property consists of two parcels comibined into one that is Zoned R-6, offering potential for future development, subject to zoning and site approvals. Built in 1912, this well-established multifamily property provides an opportunity for an investor seeking an income-producing asset or a developer looking at the