265,000

House for sale Fair Haven
Property photo number 1 of 16 Photos for Property. File  105274573_29_1851a7927b36fedfb53d92fe57af102b.jpeg

Overview

SUMMARY: Discover an opportunity with this Fair Haven house for sale and available for 265,000. This could be your next ideal home or a smart investment. More details await.
This well-maintained five-unit multifamily asset offers a strong investment profile, anchored by a solid 10% cap rate and consistent rental performance. The property features a diversified unit mix consisting of three two-bedroom apartments, one one-bedroom unit, and one efficiency,
supporting broad tenant appeal and reliable occupancy. Operating efficiency is enhanced by landlord-provided heat, trash removal, snow removal, and lawn care, while tenants are responsible for electric utilities in all units except Apartment C. A large off-street parking area adds further value by providing ample, convenient parking for residents. Strategically located within walking distance to local shops, restaurants, a laundromat, and everyday services, the property benefits from sustained rental demand and a history of consistent occupancy. With strong cash flow, practical management features, and an attractive return profile, this asset is well-suited for investors seeking dependable income whether expanding an existing portfolio or entering the multifamily market with confidence.
Request details

Details

  • Beds: 8
  • Baths: 5
  • Price: 265,000
  • Area: 3,220 sqft

Location

Marketed by:

  • Listing Manager
Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 0 times.