About 42 Orchard Road
This expansive multi-family property boasts three units with an additional partially finished basement level, a .12 acre corner lot, 8 parking spaces (including two garage spaces) and a large bike storage shed. Currently under-rented at $9450/month with leases terminating 8/31/2022. Five year rental history shows a consistent 4.5-5% cap rate with top annual income at $160,000. Each unit has a gas range, dishwasher, disposal and two refrigerators. Enormous potential to renovate, expand into the lower level or potentially convert to condos.
Features of 42 Orchard Road
|Sub-Type||3 Family - 3 Units Up/Down|
|Address||42 Orchard Road|
|# of Garages||2|
|Office||Modern Advisors | Real Estate|