503 N 3rd St
Property Description
RIVER VIEW QUADPLEX - INVESTMENT OPPORTUNITY WITH STRONG RENTAL HISTORY Exceptional opportunity to own a well-maintained two-story quadplex offering river views, desirable layouts, and excellent rental potential. Each of the four units features 2 bedrooms, 1 full bathroom, 1 half bathroom, a kitchen, and a comfortable living room, providing tenants with functional and appealing living space. Each unit also includes its own screened-in porch overlooking the river, creating a great outdoor space to relax and enjoy the scenic setting. In addition, every unit has its own individual garage stall, providing valuable off-street parking and additional convenience for tenants. All four units are currently occupied with lease agreements in place through 2026, offering an investor immediate rental income and an established tenant base. With four separate units, individual garage stalls, river views, and long-term leases already in place, this property presents an attractive opportunity for both seasoned investors and those looking to add a solid multi-family property to their portfolio.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $395,000 |
| No. of Units: | 4 |
| Year Built: | 1992 |
| Lot Size: | 2,040.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $98,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-NCMLSIA-6341811
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