171 Reynolds Avenue

Description

Exceptional investment property for sale! This property has 3 legal units with a fully finished fourth floor with its own entrance if desired and with a washer and dryer in EACH unit (washers and dryers in unit added in 2024). Unit 1 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month, tenant pays for all utilities Unit 2 - 4 bedroom 1 bathroom unit, currently rented at $2,000 per month for only one person in the unit, and was previously rented at $2,500 per month for multiple people in the unit, tenant pays for all utilities Unit 3 - 3 bedroom 1 bathroom unit, currently vacant as a tenant for this unit recently moved out, was rented previously for $1,800 per month with the landlord paying for electricity and the tenant paying for gas and all other utilities Fourth floor - 4 bedroom 1.5 bathroom unit, currently rented at $2,200 per month, landlord pays for electricity, and tenant pays for all other utilities, renovated in 2024 with new Lifeproof flooring, granite countertops, new lighting, etc. Basement - unfinished basement, full height basement As of May 2025, the total rent for the building with all of the units rented was $8,400 The property includes stacked parking that can fit 3 to 4 cars, a small fenced in area towards the back of the house, solar exterior lights, new vinyl siding, a newer roof, and several newer appliances in the units. Please reach out if you are interested in scheduling a tour of the property. Thanks!