Size
4583 sqft
Lot size
5750 sqft
Street frontage
-
Possession
-
Price per sqft
$654
Taxes
$15,575.4 (2025)
Parking Type
-
Style
Other
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Description
EXCEPTIONAL INVESTMENT OPPORTUNITY: THREE DETACHED HOMES ON ONE LOT WITH 5 INCOME-GENERATING SUITES! Producing $179,136 in gross annual income ($14,728/month) with an attractive ~5% cap rate, this is a rare high-performing asset. Situated at 2452, 2472 & 2492 Balsam Street on a 5,750 sq ft corner lot (50’ x 115’) fronting Broadway, the property features three well-maintained and updated homes (circa 1925) offering 4,583 sq ft of living space, 13 bedrooms and 6 bathrooms. Five established tenancies provide stable cash flow with upside potential. Ideal for investors or long-term holding with future redevelopment potential. Ideal for investors, multi-family buyers, or those seeking a long-term holding property in a high-demand location with excellent income and future upside.
Broker: RE/MAX Crest Realty
MLS®#: R3113532
Property details
Parking:
Yes
Parking type:
-
Property type:
Other
Heating type:
Baseboard,
Style:
Other
MLS Size:
4583 sqft
Lot front:
50 Ft
Listed on:
Apr 20, 2026
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Below | Kitchen | 9.67 x 11.50 ft | |
Below | Dining Room | 7.33 x 12.33 ft | |
Below | Living Room | 9.25 x 12.33 ft |
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