Standardized Operating Procedure of Purchase

Excellent income-producing opportunity at 75 Mills Street! This well-maintained three-unit multifamily offers strong cash flow, low operating expenses, and immediate upside for investors or owner-occupants. The property features three separate apartments, each with one or two bedrooms, functional layouts, and in-unit washer and dryer hookups. Major capital improvements have already been addressed, including a newer architectural shingle roof, a mix of vinyl replacement windows, and vinyl and aluminum siding for low exterior maintenance. Kitchens have been updated within the past 10–15 years, with the rear unit featuring new carpeting, and bathroom vanities replaced in recent years. Water heaters have been updated, further enhancing long-term reliability. One unit is currently occupied by a long-term tenant paying $750/month, while the two remaining units are vacant, offering immediate opportunity for market-rate rent placement (estimated at $825/month per unit). With property taxes around $1,000 annually, this building delivers exceptional efficiency and return potential. Additional features include rear storage space, a fully fenced yard, and a manageable layout ideal for self-management or portfolio expansion. Whether you’re looking to house-hack or add a solid performer to your investment lineup 75 Mills Street is a rare find at an attractive price point!