$999,995

House for sale Clinton
Property photo number 1 of 16 Photos for Property. File  104757727_29_6ea7bd2b929f2ce36d6127b64f9f11a5.jpeg

Overview

SUMMARY: Discover an opportunity with this Clinton house for sale and available for $999,995. This could be your next ideal home or a smart investment. More details await.
Fully Renovated 4-Unit in Clinton - Owner-Occupancy Opportunity with Pro Forma Upside. 1-3 Oak Street is a 4-unit multifamily in Clinton generating $6,225 per month in current rental income, with pro forma rents of $9,150 once fully leased. Three of the four units are occupied
by long-term tenants, and the fourth is vacant as of July 1st, available for owner-occupancy or immediate lease-up. All four units have been renovated, including flooring, fresh paint, new appliances, and more. Updates also include new heating systems, a new exterior deck, and new stairs. Tenants pay their own utilities, helping keep operating expenses low and returns attractive. The work is already done, so a buyer steps into a renovated building with room to grow income, whether that's moving into the vacant unit and letting in-place rents help cover the mortgage, or leasing it up to capture the full pro forma. It's a strong fit for an investor looking to add a turnkey, low-maintenance asset to their portfolio. Open House Saturday 8/1 and Sunday 8/2, 10:00 AM-11:30 AM.
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Details

  • Beds: 10
  • Baths: 4.5
  • Price: $999,995
  • Reference No.: 94566611
  • Area: 3,788 sqft

Location

Marketed by:

  • Candor Investment Group
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Disclaimer

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