Cash flowing opportunity to own 2 three-family properties for a total of 6 units with an 11% CAP rate. #16 has (3) 3 bed units w/approx. 1,090 SF each and #20 has (3) 3 bed units w/approx. 1,220 SF each - #16 is 100% occupied. The utilities are separate and tenant paid - electric heat + gas hot water and gas cooking w/updated electrical. Overall, the properties are updated with vinyl siding, replacement windows and remodeled units. The roof on #16 is approx. 8 yrs-old (30 yr architectural) + new roof on #20 garages. There is off-street parking for each property + 4 car-detached garage for additional income! #16 has washer/dryer hookups in each unit. Value add opportunity: increase rents + rent garages for 13% CAP proforma. Great opportunity for someone looking to start or add to their portfolio.

Listing Tools (detailViewNewGen)

Property Details of 16 & 20 Irion Street, North End

Property Details

Interior Features

Utilities and Appliances

Community

Map Location

Listed by Amanda R. Faroni-Sheehan of Vanguard Private Client Grp

Listing Sold by RE/MAX RISE

The data relating to real estate for sale on this website appears in part through the SmartMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SmartMLS through a licensing agreement. Listing information is from various brokers who participate in the SmartMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 SmartMLS, Inc.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Residential Properties Ltd. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.