Property Description for 306 Main Street
For more information, please click Multimedia button. Welcome to 306 Main Street! This spacious 4-unit building is an excellent investment opportunity, whether youre expanding your portfolio or entering the rental market for the first time. Featuring electric baseboard heating and a generous backyard, the property enjoys a prime location close to a variety of amenities and benefits from low vacancy rates. The building offers a diverse mix of units: one 1-bedroom, one 2-bedroom, one 3-bedroom, and one 4-bedroom each with a full bathroom. Total rental income currently stands at $56,880 annually, with expenses kept on the lower side, making this a solid, income-producing property. Significant updates have been made over the years, including a new roof installed in 2022 and comprehensive interior and exterior renovations completed in 2025. Rents are currently below market value, providing great potential for future income growth. Dont miss out on this rare chance to own a well-maintained, dependable multi-family property in a sought-after neighborhood. (id:38686)
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Property Details
Property Tax
: $5,545MLS® #
: NB124729
Home Features
Property Type
: MultiFamilySquare Footage
: 3,006 SQFT
Interior Features
Heating
: Heat Pump, Baseboard heaters, Electric, Hot WaterFlooring
: Laminate, Carpeted
Exterior Features
Acreage
: 0.07
Utilities
Sewer
: Municipal sewage system
Other
Exterior Features
: Other
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