Property Description

Exceptional Investment Opportunity in a Charming College Town! Don't miss this rare chance to acquire three contiguous properties in one package: 28 Main Street, 6 University Avenue, and 10 University Avenue. Whether you're looking to expand your investment portfolio or capitalize on the strong rental demand generated by the local college, this unique offering presents outstanding income and future development potential. 28 Main Street is a mixed-use building featuring two commercial storefronts and four fully furnished apartments, currently operated as college rentals. The residential units include 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartment, with furniture and appliances included in the college rental units. The front storefront is currently occupied by a beauty salon, while the rear commercial space is leased to Monroe Title. The property has been well maintained with some updates and is in good overall condition. 10 University Avenue is a newer commercial building, constructed in 2000, currently leased and in excellent condition, providing dependable rental income. Tax Map No. 242601-080-012-0003-068-000-0000. Lot size: 0.82 acres. 6 University Avenue offers additional value with a vacant building being sold AS IS, presenting endless possibilities for renovation, redevelopment, or expansion. Tax Map No. 242601-080-012-0003-0363-000-0000. Lot size: 43' x 136'. Located in the heart of a picturesque, college community, these three contiguous properties offer an outstanding combination of residential and commercial income with tremendous upside potential. Qualified buyers only. Please allow ample notice for all showing appointments to accommodate tenants.

Property Features

Local Schools