
Description
Incredible turn key cash flowing investment opportunity! Ownership has spent significant capital to improve the overall condition of the property in recent years. This listing includes 2 separate buildings 410-414 Clifton Ave. 9 units total on one parcel with a buildable lot in the back of the property already zoned R1-R2. On street parking in the front and a private parking lot in the back. Each unit has one parking spot. There's a 3 bay garage that has a new roof and electric currently being rented by one of the tenants. Most rents are below market value with the opportunity to increase by $100-$150. 410 Clifton Ave. is fully occupied with long term tenants (5) 1 bedroom units, 5 domestic water heaters, 5 gas heaters, 6 electrical panels including a house panel, updated kitchen, new windows, new roof, sperate storage area in basement. 414 Clifton Ave. is fully occupied with long term tenants, (4) 1 bedroom units, updated kitchens with gas stoves, 4 water heaters, 4 gas heaters, separate water meters for each unit, 5 electrical panels including house panel, laundry room w/ landlord owned coin operated washer/dryer, and 2 separate basement storage areas. Located on a quiet dead end street close to transportation and regional rail.
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Description
Incredible turn key cash flowing investment opportunity! Ownership has spent significant capital to improve the overall condition of the property in recent years. This listing includes 2 separate buildings 410-414 Clifton Ave. 9 units total on one parcel with a buildable lot in the back of the property already zoned R1-R2. On street parking in the front and a private parking lot in the back. Each unit has one parking spot. There's a 3 bay garage that has a new roof and electric currently being rented by one of the tenants. Most rents are below market value with the opportunity to increase by $100-$150. 410 Clifton Ave. is fully occupied with long term tenants (5) 1 bedroom units, 5 domestic water heaters, 5 gas heaters, 6 electrical panels including a house panel, updated kitchen, new windows, new roof, sperate storage area in basement. 414 Clifton Ave. is fully occupied with long term tenants, (4) 1 bedroom units, updated kitchens with gas stoves, 4 water heaters, 4 gas heaters, separate water meters for each unit, 5 electrical panels including house panel, laundry room w/ landlord owned coin operated washer/dryer, and 2 separate basement storage areas. Located on a quiet dead end street close to transportation and regional rail.
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