2,460 sqft
$124,900
Welcome to 142 Lincoln Road, a solid income-generating four-unit property located in the heart of Grand Falls-Windsor. This fully occupied building features four one-bedroom units, making it an excellent turnkey investment opportunity. The property generates $1,975 per month in rental income, with tenants paying their own utilities, helping to keep operating expenses low. Each one-bedroom unit offers comfortable living space, and the property benefits from a strong rental history with consistent tenant demand. Conveniently located near schools, shopping, and other amenities, this multi-unit property provides immediate cash flow and reliable income potential. Ideal for both seasoned investors and those looking to enter the rental market. (id:63476)
Property Details
|
MLS® Number |
1293940 |
|
Property Type |
Other |
Building
|
Appliances |
Refrigerator, See Remarks, Stove |
|
Constructed Date |
1920 |
|
Construction Style Attachment |
Detached |
|
Flooring Type |
Carpeted, Marble, Ceramic |
|
Heating Fuel |
Electric |
|
Size Interior |
2,460 Sqft |
|
Type |
Multi-family |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Sewer |
Municipal Sewage System |
|
Size Irregular |
50x140 |
|
Size Total Text |
50x140|under 1/2 Acre |
|
Zoning Description |
Res |