18 Unit – Multi-Family Residential Property For Sale

187-roosevelt-trail-sold

  • Address: 187 Roosevelt Trail 
  • Zip: 04062 
  • Price: $1,075,000.00 
  • Status: Sold 
  • Building Square Footage: 10,838 +/- Sq. Ft. 
  • Road Frontage: Rt. 302 
  • Lot Size: 1.00 +/- Acres 
  • Zoning: Farm Residential Zone 
  • Real Estate Taxes: $9,175.00 2017/2018 
  • Heat / Air Conditioning: Individual Heating and Hot Water Systems 

Notes

Fully-Leased 18-Unit - Multi-Family Residential Income Property with strong rental history. $ 150,000 in annual gross rental income. Convenient Rt. 302 / Roosevelt Trail land South Side Drive location east of Albion Road. Strong demand for one-bedroom and efficiency apartment rentals in the current market. Combination of a former motel converted to one bedroom/ efficiency apartments, free standing 2-unit homes and year-round cabins. Wood frame, wooden siding and asphalt shingle roof construction. Ample parking for all tenants. Assessor’s reference: Map 10, Lot 42

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