Estimated payment $11,996/month
Highlights
- Marina
- City View
- Property is near public transit and schools
- Medical Services
- Deck
- Wood Flooring
About This Home
Well located on High Street, this rarely available, solid, three-family building is just a few blocks from Monument Square and close to town center shops, restaurants and transportation. Investors, developers: this 3-unit dwelling is a prime investment or condo-conversion opportunity. Unit 1: this special 2BR/1BA unit features a private entrance, and spans 1000sf with a sun-drenched living/dining room. Units 2 and 3 each offer 1050sf, 3BR/1BA floor plates of bright living space with great entertaining flow. An unfinished basement with 1189sf offers potential for future development and features direct street access and four large windows. A large common roof deck with panoramic skyline/city views completes the building. All three units currently leased with a 5% cap rate at the current rent roll. Significant NOI upside, projected to exceed a 6.25% cap rate, through market-rate lease renewals. Two leases coming up.
Co-Listing Agent
Colin Boylan
Gibson Sotheby's International Realty
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,038
Year Built
- Built in 1880
Lot Details
- 1,278 Sq Ft Lot
- Level Lot
Home Design
- Triplex
- Brick Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 3,525 Sq Ft Home
- Property has 1 Level
- Living Room
- Dining Room
- City Views
Kitchen
- Range
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Parking
- On-Street Parking
- Open Parking
Schools
- Bps Elementary And Middle School
- Bps High School
Utilities
- No Cooling
- Forced Air Heating System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Additional Features
- Deck
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks))
- Assessor Parcel Number 0200309000,1281428
Community Details
Overview
- 3 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $816
- Insurance Expense $3,734
- Water Sewer Expense $2,600
- Operating Expense $28,837
- Net Operating Income $97,763
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $1,950,000 | 0.0% | $553 / Sq Ft |
| 09/01/2015 09/01/15 | Rented | $3,300 | 0.0% | -- |
| 08/02/2015 08/02/15 | Under Contract | -- | -- | -- |
| 05/31/2015 05/31/15 | For Rent | $3,300 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73515341
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Ask me questions while you tour the home.