461 Elmwood Avenue
Property Description
RARE FIND! Cash Flow Positive with 9% Cap Rate 16 Residential Units Fully registered with Lead Certificates in place. Gross annual rent of $329,000 with NOI of $235,000. Renovated inside and out in 2024. New gas lines, electric upgrades, new hot water heaters and many cosmetic updates. Unit Mix - Five 3 bed / 1 bath. Three 2 bed / 1 bath. Five 1 bed / 1 bath. Three Studio / 1 bath. Seller is licensed RE agent.
Broker Details
The Greene Realty Group (508) 517-4908
MLS ID: 28542 State License Number: 10371200613
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,599,999 |
| No. of Units: | 4 |
| Year Built: | 1930 |
| Lot Size: | 13,216.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $650,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 4 |
ID: 3yd-SWMLSRI-1427053
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