1605 Hughitt Ave
Property Description
If you're looking for a 4-plex, we have got you covered. This four-unit building features one spacious main floor unit, two second floor units, and a large third-floor one bedroom apartment. Three of the units are currently rented on a new lease that expires 4/30/27, while the main-floor tenant has a lease in place through October 31, 2026. There is ample off-street parking which is hard to find in this part of town. There is a fire escape from the upper level and 3 units access the home from the front. The main-floor unit has its own private side entrance, as well as access from the rear of the home. It also includes its own in-unit washer and dryer. The shared basement is accessed from the back of the home and features a coin-operated washer and dryer for tenant use. Unit 2 has an amazing balcony-perfect for relaxing and enjoying the outdoors. The property also includes a spacious yard and sits on a desirable corner lot. While the main-floor unit is officially a one-bedroom, it includes a second room that could be used as a bedroom or office. Please note that access to this room is through the bathroom. All apartments pay their own water, garbage and recycling. Apartments 1 and 4 pay electric, per the lease. Because the property is located within the city, tenants have access to multiple internet service providers. Recent updates include: Updated flooring and bathtub in 3rd floor apartment (2026) New water heaters (2022), Boiler (2019), New gas lines (2020), Partial Roof (2011), Fire-rated boiler room (2009), Electrical service (2004), and approximately $30,000 in roofing and siding improvements (2003). With the upcoming bridge closure expected to increase demand in the area, this property offers excellent investment potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $295,000 |
| No. of Units: | 4 |
| Year Built: | 1895 |
| Lot Size: | 4,314.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $73,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 4 |
ID: 3yd-DAARMN-6126127
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