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18 Fainwood Circle consists of a three-story building with three 4-Bedroom/1-Bathroom units (currently rented as 3-bedroom units). Each of the units are separately metered for heat (gas - steam radiators), hot water, and electricity. The opportunity exists to utilize each unit as a 4-bedroom unit as well as potentially adding a 2nd bathroom by utilizing the pantry space in the kitchen. Unit 1 features in-unit washer and dryer and an enclosed porch (all season) at the rear of the unit. Units 2 and 3 have access to a laundry facility in the basement, and feature front and rear porches. Additionally, the building has a tandem parking space that can accommodate 3 vehicles. 18 Fainwood Circle is well maintained with recent capital improvements. The opportunity exists, through programmatic upgrades, to significantly increase the rental income or position the property for a condo exit.

MLS Listing ID: 73314083
Listing Price: $2,400,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 12
Full Baths: 3
Living Space: 3669 sf.
Lot Size: 0.1 acres (4356 sf.)
Parking: Yes
Taxes: $15,060.00

Listing Current as of December 09, 2024 12:00am

This listing brought to you by John Pentore of Horvath & Tremblay.

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