
Courtesy of: Brandon Gee-Moore, Personal Real Estate Corp, RE/MAX Crest Realty
$2,998,800
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13 bed
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4,583 square feet
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6.00 Bath
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Single Family
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$2,998,800
2452 2472-2492 BALSAM STREET EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $176, 736 in gross annual income ($14, 528/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5, 750 square ft corner lot (50´ x 115´) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4, 583 square ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside. (id:203)