Investors take notice of this one of a kind moneymaker with an unbelievable 10.1% cap-rate! Four well maintained units that comes with a rare 1.8 acre lot, in desirable Gonic district. If thats not exciting enough, tenants enjoys a dead end street with 453' of river frontage and waterfront views of the Cocheco River. The oversized lot gives the investment multiple possibilities, including the possibility of building a duplex structure on the lot(with removal of garage). All units have been recently updated prior to tenant move-in. Building comes with a brand new high efficient Navien boiler that saves a tremendous amount on heat bills, new Navien water tank, and a brand new roof. This checks all your boxes with an oversized lot, detached garage, 6+ parking spots, waterfront views, large backyard, and a quiet dead-end street. Tenants enjoy being in the Gonic school district, with convenient proximity to the public school, pool, convenience stores, restaurants, parks, major routes and more. Delayed showings until the open house on Saturday March, 26, 2022 between 10-12PM.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
