Property Description

Fully Renovated 4-Unit in Clinton – Owner-Occupancy Opportunity with Pro Forma Upside. 1-3 Oak Street is a 4-unit multifamily in Clinton generating $6,225 per month in current rental income, with pro forma rents of $9,150 once fully leased. Three of the four units are occupied by long-term tenants, and the fourth is vacant as of July 1st, available for owner-occupancy or immediate lease-up. All four units have been renovated, including flooring, fresh paint, new appliances, and more. Updates also include new heating systems, a new exterior deck, and new stairs. Tenants pay their own utilities, helping keep operating expenses low and returns attractive. The work is already done, so a buyer steps into a renovated building with room to grow income, whether that's moving into the vacant unit and letting in-place rents help cover the mortgage, or leasing it up to capture the full pro forma. It's a strong fit for an investor looking to add a turnkey, low-maintenance asset to their portfolio. Open House Saturday 7/25 & Sunday 7/26 11am-1pm.