Multi Family Homes $200k – $1m
Unique Opportunity. TWO homes, shared driveway, separate lots; Stunning "Victorian" two family and single pretty Dutch Colonial, to be sold as a package. All currently rented. First floor of two family was carefully updated 2009 keeping the period details. The second floor offers tons of potential and expansion options with a partially finished walk up attic. Dutch Colonial has had many updates and room for expansion with a walk up 3rd floor . GREAT FOR CONDO CONVERSION! This is a GEM
Seven two bedroom units in desirable North Andover location consisting of 5-townhouse style and 2-one level apartments. Plenty of off street parking and yard area for tenants. On-site coin-op laundry with income listed as "other". Separate gas heat and hot water paid by tenants. Roof was just completed with 50 yr lifetime shingles. Upside potential rent increases or convert and sell as condominiums. Owner has condo docs in hand. Please have buyer drive by before scheduling showing.
"The Outlook" --------This Salem Willows home offers sweeping direct ocean views from almost every room. Owners have enjoyed this home featuring large side to side living rooms, gas fireplace, wonderful sunroom with views to the islands.Kitchen has full pantry, island and walk out bay allowing for great water views. The second floor apartment has 2 bedrooms and a large open deck overlooking Hospital Point. The lower walk out has guest suite. Nice yard, 4 car parking onsite and more......
Great money maker. Full licensed 21 room boarding house. Sprinkler system direct tie into fire department. Additional income for a bill board sign on the side of the building. Brings in $151,720 per year or $12,643 per month with only $46,310 in expenses yearly.
Here is an excellent opportunity to purchase an attractive apartment building in a prime location. This property has been used as an 8 unit apartment building by the same family for decades and is ready to be passed on to someone else. This property is also zoned for commercial use. There are 5 one beds and 3 two beds, all at below market rents, with the tenants paying their own heat and electricity. All are tenants at will. The units are in good condition with room for improvement.
Extended Families or separate income unit... this 2 family residence is perfect either way! A superior renovation with special attention to period detailing. All system have been updated. The exterior clapboards have been replaced and stained for ease of maintenance and allow for full insulation. In-ground sprinklers, wisteria arbor, grape arbor and perrenials galore. Wonderful lifestyle location close to beaches, parks, public boat landing, marina, shops, restaurants and commuter rail.
Located in downtown Peabody this property was originally built as a motel and converted into apartments. Total of 12 units comprised of 1-two bedroom, 1-one bedroom, 9-studios and 1 room. Property has off street parking and owner states that there is potential to enlarge the existing units by adding a second floor however keeping the same number of units. Building is fully sprinklered and the property is managed and maintained by the current owner.
Mixed use residential. 6 three-bedrooms and 2 retail spaces. 100% occupancy. $10k/ plus month cash flow. TAW & leases. Rent roll furnished upon written offer with proforma. Visible and highly accessible location. All separate utilities. New heating, porches, fire alarms, etc. Large private parking lot; assigned or open parking, up to 12 cars. *** See showing instructions for access ***
Great income property with low expenses. This 10 unit building consists of 1 commercial tennant operating a business office for a ministry who also occupies the 2 bedroom apartment. 6- one bedroom and two studios. The remaining rents for units 6 to 10 are $775, $785, $875, $680, and $685. This property is just one block away from Downtown. All 10 units are occupied by great people. There is off street parking for 10 vehicles but you can add more.
Large 2 family house house on half an acre of land, zoned GBD-1. First floor offers LR, DR, Eat in kitchen, 3 bedrooms and enclosed porch. Second floor offers the same plus walk-up third floor with 3 finished rooms. Very large back yard, convenient location, close to everything.
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