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Listed by Robert Foley of Flat Fee Real Estate
3 unit building with potential for owner occupants and investors alike. Owner occupants could maximize the buildings potential by occupying one unit and leasing the other two or possibly do more profitable short term rentals for expense free living with significant additional income. For those looking for longer term tenants, the building has two oversized two bedrooms and a cozy 1 bedroom unit as well. The updates include a new roof (2020), newer flooring, vanities and other cosmetic improvements. Unit 1 is a well laid out 1 bedroom, 1 bath unit with off street parking. Unit 2 is a 2 bedroom, 1 bath unit with additional large office/den providing for even more possibilities. Unit 3 is a 2 bed, 2 bath with a covered porch. This building is situated on the east side of Malletts Bay so it is elevated and set back from the street providing a good deal of on-site privacy. There is an onsite parking area able to accommodate most if not all tenants. The grounds are landscaped and well maintained. A very unique multifamily property with many different options for making money and/or having a centrally located home with a mortgage paid by the rents of the other units. A great value and must see.

Property Details of 131 Malletts Bay Avenue

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 31, 2020.

 

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