115 Cole Street is listed for sale at $ 425,000. The Multi-Family property has 5 bedrooms, 3 Full Bathrooms, 2904 square feet and was built in 1956. The lot size is 0.27 Acres. BRPrime location on Ocean Drive! This well-maintained, income-producing 3 unit property sits on an oversized 11,000+ sq. ft. lot and offers an excellent opportunity for investors. The property features a front duplex with two 2-bedroom, 1-bath units and a separate rear 1-bedroom, 1-bath unit. The two 2-bedroom units each generate $1,400 per month in rental income, while the 1-bedroom unit rents for $1,000 per month, producing a total gross monthly income of $3,800. All three units are currently tenant-occupied and individually metered. Features include central AC, hardwood and vinyl flooring, spacious bedrooms, private entrances for each unit, ample parking, and a deck for outdoor enjoyment. The rear building also includes a small garage currently used for storage, along with two additional storage units, adding extra functionality and value.
Prime location on Ocean Drive! This well-maintained, income-producing 3 unit property sits on an oversized 11,000+ sq. ft. lot and offers an excellent opportunity for investors. The property features a front duplex with two 2-bedroom, 1-bath units and a separate rear 1-bedroom, 1-bath unit. The two 2-bedroom units each generate $1,400 per month in rental income, while the 1-bedroom unit rents for $1,000 per month, producing a total gross monthly income of $3,800. All three units are currently tenant-occupied and individually metered. Features include central AC, hardwood and vinyl flooring, spacious bedrooms, private entrances for each unit, ample parking, and a deck for outdoor enjoyment. The rear building also includes a small garage currently used for storage, along with two additional storage units, adding extra functionality and value.
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.