500 E Monroe Street, Little Falls 13365


Description
Now active on the market is a fully rented 3-unit home with long-time tenants, low maintenance cost and amazing cash flow! The home holds 8 bedrooms throughout the 3 units. This is a high-yield property that had recently received major CAPEX improvements and had all major repair work completed! The owners have also completed improvements including new porches and concrete drains. The in-place rents near $20k gross and a NOI of $13k, providing major substantial upside at market rents without a need for major improvements! One tenant pays for a full year of rent in advance at the currently discounted rate while other rents are substantially below market as well. This is a great chance to secure an investment property, generate additional income while living in a unit, or to maintain privacy while keeping your loved ones close. Schedule a tour with us today!
  • Property Details
  • Features
Property Type: Residential - Multi Family
Total Apartment Units: 3
List price: $129,500
Lease Term: None
Total Tax: $4,247
Address: 500 E Monroe Street Little Falls 13365
Town/City: Little Falls
School District: Little Falls
Style: None
Lot Size: sq ft
Stories: 2
Area: 4024 sq. ft.
Year Built: 1900
Year Description: Existing
Construction: Wood Siding
Garage Spaces:
Driveway:
Attic type: None
Basement type: Full
Interior Features: None None
Floors: Hardwood, Varies
Appliances: Gas Water Heater
Heating: Forced Air, Gas
Water: Public, Not Connected
Amenities:
Lot Information: Residential Lot
Handicap Access:

Listing courtesy of:
RIVER HILLS PROPERTIES LLC LF

  • Residential - Multi Family
  • 3 units
  • 4024 sq ft
  • Little Falls school district
  • MLS# S1365307
  • Listing Status: active
  • Save this Listing

$129,500

Price reduced 09/21/21 from $139,900