Income Producing Perfection in Ruxton
Looking for a wonderful project that can reap rewards right away? This unique Ruxton property may be just what you’re looking for. Currently licensed for 3 apartments plus owner’s residence, this large home offers over 5,000 square feet of finished living space including six fireplaces. The cedar shingle exterior is complete with a Vermont Slate roof.
The property is just under an acre, and features mature planting, large level lawn, semi-circular drive, and 2-car garage with storage above.
Settle into the first floor owner’s apartment featuring high ceilings, wood floors, 3 fireplaces, 2 bedrooms, den, formal living room and sunroom, and screened porch while using the rental income for updates to the kitchen and baths.
All three 2-bedroom apartments have the vintage charm of wood floors, high ceilings and casement windows. The second floor apartments feature cozy fireplaces, and the largest apartment on the 3rd floor has sloping ceilings, a large bow window in the living room and fanlights in one of the bedrooms.
Future plans could include expansion of the primary residence to the 2nd floor, while retaining rental income from the 4th apartment, and eventually taking over the third floor, restoring this wonderful home to its former glory as a single family residence.
Call today to schedule a showing.