Property Description

This three-family home is a great opportunity for an investor or savvy owner-occupant looking to offset expenses with rental income. Current rents are well below HUD fair market rents of $1,496 (2-bed) and $1,823 (3-bed.) One unit is 2-beds, one bathroom, and there are two 3-bed, one bath units. The building is situated side-by-side-by-side. Property has been well maintained with numerous updates since 2020. Two of three units are rented and tenants are current on rent. The vacant unit (2-beds, 1-bath) is ready for occupancy: New flooring in kitchen, bathroom and bedroom and freshly painted (Spring 2025); new kitchen (2023.) Washer & dryer hook-up in bathroom. Entire building: New roof (2024,) paved off-street parking for two cars (Fall 2024) refinished hardwood floors (2020,) Two new hot water heaters (2025 & 2023) separate utilities. Unit 57 new kitchen and bath (2020.) Walking distance to downtown Ware's restaurants, services and retail stores.