Multi-family development including a house, cottage, and three mobile homes. Also includes a privately owned mobile home which pays lot rent. Gross revenues of $39, 056 in 2015, net income of $31, 556. Great investment opportunity supported by strong and consistent rental income...all on beautiful Lost River Road!
Wonderful investment/income opportunity! Three family home with possibility of a fourth unit. Huge main level 4 bedroom apartment renovated with granite counters, refinished hardwood, new windows, carpet, tile and fresh paint. Upper level has 2 bedrooms, full bath and very spacious living area. Lower level unit also has two bedrooms full bath and totally renovated from studs out. There is an additional space in the lower level with its own walk out which could make a great studio apartment with a separate space for a full bath. All units come with appliances including washers and dryers in each. This property has a great rental history with steady tenants without a whole lot of maintenance. Best of all is the fantastic location where you can walk to town, the town playground and to the river to cool off. Right down the road from Loon and Cannon, perfect for a second home, generate income by renting out three spaces and turn the fourth into your own little getaway.
Listed by Steve Zalla of Coldwell Banker LinWood Real Estate