Unit Information
Excellent opportunity for an investor or owner-occupant with this well-maintained three-family property in Warren. The property offers a strong combination of existing income and immediate rental upside, with two units recently renovated, cleaned, and intentionally left vacant, giving the new owner the flexibility to select their own tenants, establish current market rents, or occupy one of the units.The third unit is currently rented for $1,300 per month, slightly below the estimated market rent of approximately $1,450 per month. The two vacant units are also projected at approximately $1,450 per month each, creating the potential for approximately $4,350 per month / $52,200 annually in gross rental income if all three units were rented at the stated market rent.The available units feature bright, clean interiors, updated kitchens and baths, neutral finishes, and spacious living areas. The property has been prepared for its next owner, allowing for a relatively straightforward transition into leasing the vacant units.Whether you're looking to house hack by living in one unit while collecting rent from the others or add a three-family property with value-add rental potential to your portfolio, 723 Main Street offers multiple options from day one.Two renovated units are vacant and ready for occupancy or new tenants. One unit is currently income-producing at $1,300/month. A great opportunity to acquire a multi-family property with both existing cash flow and room to increase income.
- Additional Details
- Status: NEW
- Type: Multi-Family, Triplex
- Zip Code: 01083
- Levels: 3
- Parking
- Garage Capacity: 5
- Parking: Off Street
- Parking Spaces: 5
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 18
- Has Basement: Yes
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$450,000
- Status: New
- Listing ID: 73579253
- Bedrooms: 6
- Full Baths: 3
- Living Area: 3,348 sqft Convert
- Lot Size: 7,841 sqft Convert
- Acres: 0.18
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |