About this home

Fully leased 3-unit investment property offering approximately an 11% CAP rate, priced at just $67 per square foot. All units are tenant-occupied, providing immediate and stable income from day one. The largest unit has been fully renovated (2024-2025), and the exterior electrical system was updated in 2025, reducing near-term capital expenditure concerns. Each unit features separate utilities, adding efficiency for both ownership and tenant management. All appliances are included in the sale. Ideally located with convenient access to local shops, dining, and public transportation, and situated near the newer Cornerstone Ice Hockey Stadium Arena-enhancing long-term rental appeal. This property is available as a standalone purchase or can be acquired as part of a package with the adjacent property at 98 Washington Street, offering additional scale and investment potential.

Facts and features

Schools

• North Park Junior High School

  middle · 7-8 · 0.7 mi

  4

• Emmet Belknap Intermediate School

  elementary · 5-6 · 1.2 mi

  3

• Lockport High School

  high · 9-12 · 1.6 mi

  6

• Christian Academy of Western NE

  elementary · K-12 · 0.4 mi

• Anna Merritt Elementary School

  elementary · K-4 · 0.7 mi

  6

• Roy Kelley Elementary School

  elementary · K-4 · 1.2 mi

  2

Price history

• May 6, 2026 · Listed$235,000
• Oct 28, 2024 · Sold$155,000
• Jul 20, 2023 · Listing Removed—
• Jul 8, 2023 · Listed For Rent$700
• Jul 8, 2023 · Listing Removed—
• Jul 2, 2023 · Listed For Rent$800
• Dec 14, 2021 · Sold$135,000
• May 17, 2013 · Sold$46,000

Tax history

• 2026$4,487 tax · $169,000 assessed
• 2025$4,422 tax · $169,000 assessed
• 2024$4,306 tax · $159,000 assessed
• 2023$3,452 tax · $140,000 assessed
• 2022$3,290 tax · $76,900 assessed
• 2021$3,000 tax · $76,900 assessed
• 2020$2,967 tax · $76,900 assessed
• 2017$2,138 tax · $76,900 assessed

Home value

$233,000

• Collateral Analytics$233,000
• Quantarium$206,068

Where it is