Property Description
INVESTMENT OPPORTUNITY! This well-maintained 5-unit property in New Oxford offers an attractive opportunity for investors seeking a multifamily asset with established rental occupancy. Each of the five units features 2 bedrooms and has been renovated with fresh paint, new flooring, updated kitchen cabinets, new toilets, new vanity sinks, and new carpeting. The improvements provide a clean, refreshed feel throughout the property. Units A, B, D, and E are currently occupied, while Unit C is vacant, providing flexibility for a new tenant or potential owner use. The basement also features hookups for a coin-operated washer and dryer, offering the potential for convenient on-site laundry for tenants and an additional income opportunity for the owner. With five 2-bedroom units, renovated interiors, established occupancy, and the potential for on-site coin-operated laundry, this property presents an excellent opportunity for investors looking to expand their multifamily portfolio and generate rental income. Electric and water/sewer are separately metered for each unit. Water is supplied by an on-site well, with usage metered through each units sewer line. The property is serviced by an on-site propane tank. Propane is not separately metered, and tenants are currently charged a flat monthly fee to help offset the cost. The approximate annual propane expense is $1,200. Trash service is provided through an on-site dumpster, with tenants also charged a flat monthly fee. Buyer/Buyers Agent to verify all information, including zoning, rental information, permitted uses, and property details.