402 S Cass Ave.

This is not your average 3 flat. Unique investment opportunity features 3 distinct residences on the same parcel. All 3 feature 2 car attached garages, and in unit laundry. In 1986, (2) duplex town homes were added to the original farmhouse on the nearly 1/2 acre lot in this convenient commuter location. Unit 402 is the original farmhouse. It has a first floor bedroom and bath along with a finished attic space that acts as an ensuite bedroom with additional loft space, closets and a full bath. The first floor has a kitchen, dining room, living room and a uniquely large screened porch off the back. It currently rents for $1750/mo. Unit 406 and 410 are identical 2 story townhouses. They feature 3 bedrooms and an additional loft space on the second floor. The master bedroom has its own full bath. There is an additional hall bath on the second floor as well as a powder room on the main floor. They both have a large family room with 2 story vaulted ceiling, dining room and kitchen on the main level. Each has an unfinished basement offering additional opportunity. 410 was renovated in 2018 and rents for $2300/mo currently. 406 is rented for $2000/mo currently. All (3) units are on separate utility meters and all have their own HVAC including central air conditioning. This building performs well as an investment property, or a shrewd owner occupier can purchase using an FHA loan with minimal downpayment and live cheaply while the rents pay down the principal on the mortgage. All current leases are month to month to provide new buyer with maximum flexibility. Reach out to schedule a showing today!