Property Description

52 N Main consists of a three-story building with six residential units consisting of one 2-Bedroom/1-Bathroom unit and five 1-Bedroom/1-Bathroom units. The units are separately metered for heat, hot water and electric, which are paid directly by the tenants, with Landlord solely responsible for domestic water and sewer. 52 North Main Street has been well-maintained throughout ownership and has been subject to recent capital improvements, with full renovations to two of the units, and features in several units including quartz countertops, new appliances, and new bathrooms. The Property features ample off-street parking with eight (8) direct spaces. 52 North Main Street offers the ability to add value to a well-maintained building in an exceptional location. In place rents are below market and the opportunity exists to drive rental rates through programmatic upgrades to the unrenovated units.