Massive 3-Family Brick Money-Maker + Bonus Income!
Turnkey | Cash-Flowing | High-ROI Opportunity
Welcome to this oversized 3-family gem sitting proudly on a spacious lot and packed with income-generating potential! This solid-brick home features a full semi-finished basement with soaring ceilings, oversized windows, a full bath, and its own private entrance/exit — ideal for future conversion or additional rental income.
Rental Breakdown & Income Potential:
Unit 1 (Owner's Unit): 4BR / 2BA | Spacious layout | Projected FMV: $4,111/mo
Unit 2A & 2B: (Two) 2BR / 1BA apartments | Current FMV: $3,058/mo each
Gross Potential from Units Alone: $10,227/mo – $122,724/year
But that’s not all. This property comes with:
A rented workshop
Three rented storage units
Driveway parking for 3–4 cars – also rentable for extra income!
Each unit has its own boiler, meaning tenants pay all utilities (electric, gas, heat, hot water). The owner's only expenses are below:
Taxes: $13,500/year
Hallway electric: $240/year
Insurance: $3,500/year
Total expenses: just $17,240/year
Current Rent Roll:
4BR Unit: $3,000/mo
2BR Units: $2,250/mo each
Gross: $94,200/year (with under-market rents!)
Net: $79,960/year | 7% CAP rate
With just modest rent increases to market value, this property can net $109,384/year, pushing your CAP rate up to 10%. That’s real investor math.
Options Galore:
Live in one unit and rent the rest
Hold for cash flow
Raise rents for upside
Delivered vacant or occupied — your choice
Perfect for:
Investors
House hackers
1031 buyers
Anyone looking for strong cash flow and long-term upside in a high-demand rental market
Opportunities like this don’t last. Reach out today to secure this true income-producing asset before it’s gone!