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Investor Opportunity – 8 Unit Legally Zoned RM-1 Rooming House!! ONE SHOWING ON SATURDAY MARCH 21 from 12-2pm. Ask your agent to accompany you or contact the listing agent to reserve your spot. Cash-flowing 8-unit rooming house with a pro forma gross income of $5,365/month (with all rooms occupied) and additional upside. Property features 3 full bathrooms (one per floor), large shared kitchen with upgraded cabinets, spacious dining room, and a clean, dry basement utility area with walls recently parged. Major systems updated including electric rewired in 2024 by a licensed electrician, HVAC serviced within the last 3 months, and one water heater replaced in Jan 2025 (serving 2nd & 3rd floors). All 3 bathrooms upgraded within the last 18 months and rear exterior brick recently pointed. Fire safety systems up to date with records, red box and extinguishers. Lead Cert and Rental License current. Currently 5 units occupied, 3 vacant, all month-to-month leases with single occupancy per room. Rents were increased Jan 2025 with additional room for increases Jan 2026. Value-add potential: Basement offers opportunity to add coin-operated laundry and/or tenant storage for additional income. Property is fully habitable, fully functional, and in great condition, making it a strong turnkey investment with future upside.
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