1405 State St
Listing Notes
Prime Investment Opportunity: This rock solid, four unit multifamily property is a cash flowing gem perfect for investors or owner occupants looking to live for free while tenants pay the mortgage. The building features three stable, long-term tenants with recent rent increases who would love to stay ensuring immediate, reliable income. One vacant unit ready for move-in or top market rent. Boasting a roof only four years old and separate utility meters, the spacious units are filled with original charm, featuring hardwood flooring, beautiful built-ins, updated tile bathrooms, and a massive walk-up attic with incredible potential for a future value add as additional living space. Situated on a direct bus line in a high-demand rental market with strong neighborhood presence and seamless proximity to downtown restaurants and amenities, this turn-key property is an absolute powerhouse for your portfolio. Contact the listing agent for more interior photos.
Price in context
Cheaper than 4% of the 24 homes listed nearby right now, which run $180,000 to $375,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 1322 Alden Pl | $180,000 | 4 bd · 2 ba |
| 814 Rankin Ave | $209,900 | 3 bd · 2 ba |
| 79 Robinson St | $219,900 | 6 bd · 2 ba |
| 117 Henry St | $220,000 | 5 bd · 2 ba |
| 49 McClellan St | $229,000 | 6 bd · 2 ba |
| 17 Frank St | $229,900 | 3 bd · 2 ba |
| 963 Maple Ave | $254,900 | 4 bd · 2 ba |
| 1745 Becker St | $259,900 | 3 bd · 2 ba |
| 542 Rankin Ave | $265,000 | 4 bd · 2 ba |
| 851 Central Pkwy | $265,000 | 4 bd · 2 ba |
| 26 Linden St | $272,000 | 4 bd · 2 ba |
| 215 Elder St | $279,900 | 4 bd · 2 ba |
| 242 Linden St | $284,900 | 4 bd · 2 ba |
| 1611 Schuyler St | $284,900 | 4 bd · 3 ba |
| 434 Furman St | $289,000 | 3 bd · 1 ba |
| 809 Wright Ave | $295,000 | 3 bd · 2 ba |
| 2115 Colgate Pl | $299,000 | 4 bd · 3 ba |
| 943 State St | $299,000 | 6 bd · 2 ba |
| 118 Linden St | $300,000 | 4 bd · 2 ba |
| 32 Mount Stuart Rd | $304,500 | 4 bd · 2 ba |
| 117-119 Odell St | $305,000 | 4 bd · 2 ba |
| 820 Central Pkwy | $305,000 | 4 bd · 2 ba |
| 131 Furman St | $310,000 | 5 bd · 3 ba |
| 302-304 Michigan Ave | $375,000 | 6 bd · 2 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more