1288 PONDVIEW AVENUE
Property Description
Attention investors! Don't miss this excellent opportunity to add a well-maintained, fully occupied triplex to your investment portfolio. Featuring quality long-term month-to-month tenants who would like to remain, property offers immediate cash flow from day one and is situated on a quiet, desirable street. Building consists of two spacious 2-bedroom units on the first and second floors, plus a comfortable 1-bedroom unit on the third floor. Each apartment offers bright, light-filled living spaces, functional floor plans, and has been well cared for, making it ideal for attracting and retaining quality tenants. Current monthly rents are: 1st Floor - $850 Section 8, 2nd Floor - $795, and 3rd Floor - $675. Separate gas and electric utilities for each unit help minimize owner expenses, while the owner is responsible for water, sewer, and trash. Property also features updated electrical and solid mechanical systems, providing added peace of mind for the new owner. Turnkey income-producing property with stable occupancy and excellent long-term investment potential. Out of respect for the tenants, please do not disturb occupants. No interior showings will be permitted until an offer has been accepted. No wholesaler offers or owner financing will be considered. Fantastic opportunity to acquire a performing asset w/immediate rental income-add this one to your portfolio today!Broker Details
Coldwell Banker Schmidt Realty (440) 572-0220
MLS ID: 426983 State License Number: 426983
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $155,000 |
| Year Built: | 1920 |
| Lot Size: | 3,002.00 Sq ft |
| Opportunity Zone: | No |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-CBSCHMIDT-230065859
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