INVESTORS DELIGHT.....Extremely rare opportunity to purchase a detached home in Old Town very close to everything that Old Town has to offer. The property has three separate units with off street parking, a plus in Old Town. The first-floor unit consists of a one bedroom and a den with a dedicated parking space in the rear. The second-floor unit is a studio residence. The upper-level residence is a duplex with two bedrooms on the upper floor and comes with a dedicated parking space. Each unit has a fully equipped kitchen, HVAC systems carpeting and hardwood floors. The first level currently leases for $2,150 per month. The studio leases for $1,150 and is currently on a month-to-month basis. The two-bedroom upper unit leases for $2,150 and is also on a month-to-month basis. The current owner pays all utilities for each of the units. The owner would like to take part in a tax deferred 1031 Exchange and defer capital gains on the sale. The new owner can live in one of the units and lease the others with sufficient income to help offset the mortgage and other expenses. The property can easily be converted to a single-family residence with endless possibilities.
Search powered by
© Bright MLS. All rights reserved.
Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.