55 Lounsbury Avenue

About Property

Don't miss this rare opportunity to own a fully rented 3-family home that combines solid rental income with incredible bonus feature of a TEN CAR GARAGE of all individual bays! Each unit offers THREE bedrooms, a generous living room, and a comfortable eat-in kitchen with fairly new appliances, making them highly desirable for tenants. All tenants are on month-to-month leases and pay reliably, giving you both stable income and future flexibility. What truly sets this property apart is the massive 10-car garage, an extremely rare find! This versatile space can be leased separately to generate additional income or used by a car enthusiast, for storage, or by small business owners needing space for tools and supplies. It's a unique asset that significantly boosts the property's value and earning potential. It essentially produces income as a 4-unit property because of the garage bays. Whether you're an investor looking for cash flow or someone looking to live in one unit while the others help pay the mortgage, this property is a smart and rare find.
Listed by Showcase Realty, Inc., Soraida Valentin-Trotman. Data sourced from SmartMLS