622 S 6th ST
Property Description
Turnkey 3-unit investment on one parcel: 622 S 6th St + 415 Wood St (Upstairs/Downstairs). Approx. 2,904 SF total across a 2BR/2BA single-family home plus a 2-unit garage-conversion duplex. Diversified unit mix and low-touch ops with professional property management in place (easy transition). 622 S 6th St: ~1,368 SF 2/2 with formal dining, breakfast nook, fenced yard. New HVAC Aug 2024. Tenant pays all utilities. 415 Wood St duplex: Upstairs 2BR/1BA with range, fridge, washer & dryer (seller-owned). Downstairs studio/1BR 1BA with range, fridge, dishwasher, washer & dryer (seller-owned). Energy-efficient mini-splits added 2023 (one per duplex unit). Income: Gross scheduled rent $2,800/mo ($33,600/yr) incl. $50/mo pet fees (House $950, Upstairs $1,000, Downstairs $800 + pet fees). Long-term leases in place (through July 2026 and Oct 2026; details available). Utilities/operating: Duplex utilities owner-paid due to shared meters; seller can provide history (example winter month: gas $47.47 / electric $152.63 / water $109.44). Flood zone; recent flood premium approx. $480.53/yr (verify). 2024 taxes approx. $488 (verify). On-site parking plus street parking. Strong in-place cash flow with potential for future rent growth over time (buyer to verify market rents).
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $221,999 |
| No. of Units: | 3 |
| Lot Size: | 2,904.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $74,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-FSBORAR-1086530
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