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Listed by Amey Ryan of IPJ Real Estate
A four unit apartment building with positive cash flow is a real investment opportunity! Owner has taken care to keep apartments updated and occupied. There are two apartments with one bedroom, and two apartments with 2 bedrooms. Most of the units have hardwood floors in the main living areas, vinyl in the full bathrooms, some carpet in LL unit. Heat is a single source LP boiler with many zones of baseboard or radiator heating elements. Some new windows, fire escape on 2nd floor, slate and leaded roofing. The building is a beautiful, historic building with ornate details, a side porch and a solid stone foundation. The backyard is fenced and there is plenty of parking behind the building and on the street. Seller will provide an allowance of $20K to be used towards exterior painting. (No showings Tuesday 1-3 or Wednesday 1-3:30)

Property Details of 18 S Water Street

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated April 12, 2021.

 

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