419 Fairmount Street
Property Description
Investment opportunity! Exceptionally well-maintained by the same owner for over 40 years, this solid 2-family property offers immediate income with long-term tenants already in place who would love to stay. Both spacious units feature approximately 999 sq. ft. with 2 bedrooms, clean kitchens each featuring painted tin ceilings for turn of the century fire protection and charm, and a combination of laminate, vinyl, and carpet flooring. Separate gas and electric utilities, plus a house meter for the common basement, make management simple. A common washer and dryer are available for tenant use. Outside, enjoy an extremely low-maintenance vinyl exterior, detached one-car garage, parking for four additional vehicles, and a modest yard. Major capital improvements have already been completed, including a young roof, heating systems approximately 3 months and 10 years old, and hot water tanks just 3 months and 3 years old, providing peace of mind for years to come. The seller will obtain lead certificates prior to closing. With below-market rents offering excellent future upside and nearly 2,000 sq. ft. of living space, this is an outstanding opportunity for both seasoned investors and owner-occupants looking to build long-term wealth.Broker Details
Real Broker, LLC (855) 450-0442
MLS ID: 21047 State License Number: REB.0016898
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $459,900 |
| No. of Units: | 2 |
| Year Built: | 1900 |
| Lot Size: | 1,998.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $229,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-SWMLSRI-1419095
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
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