648 Central Avenue

648 Central Ave is a multi-family home containing 5 rental units on a 0.44-acre parcel. The unit matrix includes one (1), 4-Bedroom/1-Bathroom unit, one (1), 3-Bedroom/1-Bathroom unit and three (3), 1-Bedroom/1-Bathroom units. All of the units were renovated in 2022. Below market rents offer the potential for increased income on the Property in an urban-infill, high demand/supply-constrained residential market through programmatic upgrades to the asset. Each unit is separately metered for electricity, oil fired heat, and electric heat which the Tenants pay directly. The Landlord is responsible for common area electric, gas fired hot water, and domestic water and sewer. The Property features an on-site laundry facility and offers ample on-site parking with more than 10 spaces for residents and visitors.