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House
·
for sale
USD 249,900
USD 127/sq.ft
735 Elberon Avenue
South Fairmount
· 1,959 sq.ft · House
South Fairmount · 1,959 sq.ft · House
Exceptional opportunity to acquire a solid brick four-unit, ideal for an investor or owner-occupant looking to have tenants help cover the majority of the mortgage. Current rents are $2225/month with a vacant unit, clear upside to increase rents further as the vacant unit is leased. Owner pays water, heat, and common area electric. Major capital improvements have already been completed, including a brand-new roof, new furnace, and light renovations to units with newer appliances throughout, reducing near-term maintenance and capital expenditure concerns. The property's durable brick construction and recent updates make it a low-maintenance investment ideal for both seasoned and first-time multifamily investors
Exceptional opportunity to acquire a solid brick four-unit, ideal for an investor or owner-occupant looking to have tenants help cover the majority of the mortgage. Current rents are $2225/month with a vacant unit, clear upside to increase rents further as the vacant unit is leased. Owner pays water, heat, and common area electric. Major capital improvements have already been completed, including a brand-new roof, new furnace, and light renovations to units with newer appliances throughout, reducing near-term maintenance and capital expenditure concerns. The property's durable brick construction and recent updates make it a low-maintenance investment ideal for both seasoned and first-time multifamily investors
USD 249,900