1 Park Pl
Listing Notes
Turnkey Investment Opportunity! This 2-family home is fully occupied and generating $52,800 annually. It will provide reliable cash flow from day one. Included in the sale is the lot next door (3 Park Place, 131300-6162-71-320192-0000). Leased solar panels were installed in 2022 to keep electricity costs to the bare minimum of $60/month. Separate natural gas meters allow tenants to pay, which saves on the owner's monthly cost. The roof was replaced in 2022 when the panels were installed. Each unit offers 2 bedrooms, 1 bath, large kitchen, dining room, living room, and unit 2 has a den/office that leads to the balcony. With a shared washer and dryer, basement storage, plenty of parking, and a convenient location close to shopping, dining, schools, and major commuter routes, this property is designed for both tenant appeal and long-term value.
Price in context
Cheaper than 12% of the 24 homes listed nearby right now, which run $279,000 to $699,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 338 Mansion St | $279,000 | 3 bd · 1 ba |
| 152 N Clinton St | $289,000 | 2 bd · 2 ba |
| 20 Grant St | $299,900 | 4 bd · 2 ba |
| 313 Mansion St | $299,900 | 7 bd · 3 ba |
| 6 Zimmer Ave | $310,000 | 4 bd · 2 ba |
| 194 Smith St | $324,900 | 3 bd · 1 ba |
| 137 N Clinton St | $349,000 | 4 bd · 2 ba |
| 146 Smith St | $349,999 | 3 bd · 2 ba |
| 95 Cannon St | $350,000 | 6 bd · 3 ba |
| 163 N Hamilton St | $355,460 | 3 bd · 2 ba |
| 15 Thompson St | $360,000 | 3 bd · 2 ba |
| 18 Grant St | $379,900 | 4 bd · 2 ba |
| 1 Lawrence Rd | $380,000 | 3 bd · 2 ba |
| 112 Smith St | $399,000 | 4 bd · 2 ba |
| 63 Thompson St | $409,000 | 4 bd · 2 ba |
| 23 Virginia Ave | $419,900 | 4 bd · 2 ba |
| 25 Conklin St | $450,000 | 3 bd · 3 ba |
| 17 Conklin St | $450,000 | 6 bd · 3 ba |
| 292 Mill St | $459,000 | 2 bd · 3 ba |
| 9 Lawrence Rd | $465,000 | 4 bd · 2 ba |
| 55 Smith St | $480,000 | 2 bd · 2 ba |
| 152 Cannon St | $549,000 | 7 bd · 4 ba |
| 18 S Clinton St | $600,000 | 7 bd · 3 ba |
| 8 Fox Ter | $699,000 | 7 bd · 3 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more