Tremendous opportunity to invest in a multifamily property in the heart of downtown Plymouth, located right next to the Plymouth Public Library and just steps from everything downtown has to offer, including the Kellogg's Park, Penn Theatre, shopping, and a wide variety of restaurants. This property features three units: two… Read More lower-level units, each offering two bedrooms and one full bath, and one upper-level unit with one bedroom and one full bath. All units include stainless steel appliances and private, in-unit laundry rooms. The upper unit features a gas range, while the two lower units are equipped with electric ranges. Major updates include brand new windows and a new roof completed in 2024. Kitchens and bathrooms have been updated within the past six years, and the water heater was replaced within the last seven years. The upper unit has been fully remodeled in 2026. The two lower units are currently rented at $1,285 and $1,175 per month. The upper unit is set to begin a new lease at $1,275 per month starting in April, bringing total monthly income to $3,735, or $44,820 annually. The net operating income comes in at $34,640. A strong investment opportunity in a prime location. Reach out for more details. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Century 21 Curran & Oberski.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multifamily
Square Ft.
2,218
Lot Size
0.16 Acres
Year Built
1982
MLS Number
20261017231
30 Days Snapshot Of 48170
$389k
-7%
(avg) sold price
36
-16%
homes sold
50
-29%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 0
Building
3 total units, 3 leased units, 1 one-bedroom unit, 2 two-bedroom units, Built in 1982, Remodelled in 2024, Architectural style: Other, Vinyl, 2,218 total square feet, 2,218 combined square feet, Unit count: 3
Cooling
Central Air
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 0
Water Features
Natural Gas, Other
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.16, Lot size dimensions: 50X142.5
Miscellaneous
Gross scheduled income: $44,820, Income projection: Actual, Monthly rental income: $3,735, Net operating income: $34,640
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