115 cole street

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.