327 Amherst St
Property Description
EXCELLENT OPPORTUNITY FOR AN OWNER-OCCUPANT! Own your home while generating rental income from the other apartments. This well-maintained 3-family property is located in a highly desirable area and offers a great opportunity for someone looking to live in one unit while receiving income from the additional apartments.THE MIDDLE APARTMENT IS CURRENTLY VACANT, MAKING IT PERFECT FOR AN END USER! The first and second apartments each feature 3 bedrooms, while the third apartment offers 2 bedrooms. Two of the three apartments have been recently painted, and the common areas, including the hallway and staircase, have also been freshly painted. Exterior features include a spacious front porch and a nice backyard, ideal for relaxing and outdoor enjoyment.The basement includes plumbing connections for a toilet, shower, and sink. With multiple window openings, the space offers significant additional room for storage and other uses.Additional updates include a brand-new boiler and a brand-new hot water heater. This is a great opportunity to own a 3-family home, live in one apartment, and generate rental income from the other units to help offset your housing expenses. Don't miss this opportunity to make this property your home while benefiting from additional rental income! There is currently a Section 8 tenant in the first unit who is paying below-market rent, and the landlord is in the process of helping her move out. The apartment will be cleaned and painted once she moves out.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $799,000 |
| No. of Units: | 3 |
| Year Built: | 1920 |
| Lot Size: | 3,030.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $266,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 3 |
ID: 3yd-GSMLSNJ-4037514
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
210 S 45th St
Philadelphia, Pennsylvania
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout