Well-maintained Monroe multi-family with strong rental history. All 3 units currently rented with a gross rental income over $58k. Great cash flow property. in desirable Monroe location next to Smith Clove Park! This 3 unit property offers great rental income value feature hardwood floors, ample closet space, renovated kitchens and baths. Walking trail right outside the door. Additional property highlights include a detached 2 car garage, close proximity to schools, shops and transportation. With annual net income of $46,000, don't miss this rare opportunity!
Features
5 bedrooms
3 bathrooms
directions_car5 carspaces
directions_car2 garage spaces
2479 sq. ft. floor area
crop_free16004 sq. ft. lot size
cottageMulti-Family
Property history for 64 Franklin Ave
2021
Sold
$400,000
06 Jan 2021
2017
Rented
Undisclosed
03 Dec 2017 by Howard Hanna Rand Realty
2015
Rented
Undisclosed
16 Aug 2015 by Howard Hanna Rand Realty
Happy sellers in Monroe
80%
sentiment_satisfied
80% of sellers in Monroe reported that their sale price either exceeded or met their price expectations.
Monroe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 3 reviews in Monroe over the last 12 months.
Local market activity for 5 bedroom multi families in Monroe
Sold
For Sale
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