• Beds: 3
• Baths: 3
• 2,064 sq.ft.
• Year Built: 1950
• 0.19 acres
• Garage/Carport: 0 / 0

Property Details

612 College Road has everything that makes a rental property work long-term: a central location, a captive tenant pool, and the kind of quiet, steady demand that doesn't depend on market timing. And, based on the last three years of annual expenses and income, a prospective owner occupant would stand to pay roughly $450/mo to live, after electric, heat, and water and sewer! That's less than the

the rent on a dry cabin! This single-story triplex offers three 1-bed, 1-bath units across 2,064 square feet, each with updated flooring, fixtures, and newly installed triple-pane windows. Boiler heat keeps operating costs predictable. Unit 3 adds an attached garage -- for an owner-occupant suite if desired! Historically, rents run $1,300/unit/month, and the location offers tenants a short bus ride to the university, downtown, and major shopping corridors. And then there's the lot next door. An adjacent 4,200 square feet of land is available alongside the triplex -- room to build a second income property, add storage units, or even move snow in the winter! At $330,000, this isn't a speculative bet. It's an already-performing asset with room to grow, in a location that tenants keep choosing year after year. The home inspection report is also available in the documents tab.

Property Features

Refrigerator

More Details

Listing Office

Majors Realty Group, LLC

Location