Investment Analysis — 177 Fairmont Ave

A well maintained three family offering the type of flexibility and income potential that makes sense for a long term investment. Each unit features an open concept layout, three bedrooms, updated kitchens, private laundry, and storage. The layouts also offer flexibility for an additional bedroom, office, or other use depending on the buyer’s needs.For an investor, the appeal is in the ability to own a multi family property with three separate income producing units while keeping the property practical and manageable over the long term. Updated kitchens, hardwood flooring, private laundry, electrical and Insulation (2015); Vinyl Siding (2015); Windows (2015). Fully rented, with long term tenants in place along with off street parking for six cars and a fenced yard, help create a property that is positioned for long term ownership without the need for a major renovation project.For an owner occupant, live in one unit while the other two units generate rental income and help offset your monthly housing costs. For an investor, this is an opportunity to add a three unit property to a portfolio and focus on building long term rental income and equity.Located near restaurants, shopping, parks, medical facilities, public transportation, highway access, and other Worcester amenities, the location adds another layer of long term appeal for tenants.If your goal is to find a property you can hold, rent, and continue building wealth with over time, this is a property worth taking a closer look at.