406 Adams Street

Don’t miss this fully occupied, income-generating commercial apartment building. This investment property features four rental units. Unit 1 offers one bedroom and one full bath and is currently leased at $900 per month. Units 2, 3, and 4 each include two bedrooms, one bathroom, and a kitchen, and are rented at $1,200 per month per unit. A private parking lot located to the right of the building is included in the sale and provides approximately eight parking spaces. The basement presents excellent potential for future expansion or additional income, offering ample storage space, an unfinished half bath. Making it well-suited for retail use or conversion into additional rental space. The property also includes a shed in the backyard that will convey with the sale. Recent improvements include new water heaters, a new furnace, and updated windows. This is a fantastic opportunity to add a strong-performing asset to your portfolio. Contact an agent today for a tour and for more information!