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Listed by Leigh Horton of Your Journey Real Estate
Looking for an investment / 1031 exchange, or owner occupy property? This 2-1-1 apartment house has it all covered! The capitalization rate is solid, positive tenant history, separate utilities, AND the Sellers have taken such good care of this property throughout the years. From the list: The majority of the windows and exterior doors have been replaced, a concrete retaining wall installed along the driveway, a new metal roof installed in 2019, front steps replaced, covered stoop built, and most recently a new sewer main was installed. Each unit has their own private entry and there's plenty of parking, with a shared driveway off Upper Welden St. for two of the units (Apt. 1 + 35 Upper Welden St.) and another driveway off of Lincoln for the third unit (Apt. 2). This is such a great opportunity to add to your investment portfolio or purchase your first one!

Property Details of 101 Lincoln Avenue

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Copyright 2022 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 January 16, 2022.

 

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