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109 Market Street Warren

$1,260,000
13 5 5,673 sq ft

The Property

Exciting Opportunity to Invest in a Turnkey 5-Family Gem.

This unique property consists of two buildings on one lot, offering a total of five apartments.

The first building features three apartments, each with three bedrooms. The second building is a two-family property with two bedrooms in each apartment.

All apartments have been meticulously updated from top to bottom, boasting beautiful hardwood floors, bright finishes, updated electrical, windows, plumbing, and more. Additionally, each apartment has certificate of lead conformance.

One of the key highlights of this property is that all utilities are separated, providing convenience and ease of management. Furthermore, each apartment home is equipped with washer/dryer hookups in the basement. The property also includes a massive 2-car garage and workshop, offering the potential to increase rental income. The attic space in the garage presents an opportunity for further expansion, with limitless possibilities. In addition to these features, the property offers off-street parking and the apartments are currently rented below market price, presenting a great opportunity for increased revenue. This property presents a remarkable opportunity and is primed for the ideal investor.

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Listing Details

MLS Number

1373579

Lot Size:

0.17 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished
  • Heating: Natural Gas, Baseboard
  • Heating Fuel: Natural Gas, Baseboard
  • Garage: 1
  • Laundry
  • Year Built: 1920

Market Trends for Multi Family
in Warren

  • Overview
    Homes for Sale Today3-62.5% decrease in inventory
    New on Market *2100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$189.06$14 increase in List Price/Sq.Ft.
    Avg. Sale Price *$415,000$160,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *96.74%-15.9% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$187.19$41 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *4011 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by William Raveis Inspire

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