40-42 Hill Street

Great opportunity for owner-occupants to offset your mortgage or purchase as an investment. Updates by the current owner: new roof (2 yrs old), 2 new hot water heaters, new windows, & new vinyl siding. There is 1.5 ft of attic space w/ insulation. Each unit is equipped with appliances: washer, dryer, refrigerator, range, microwave, & dishwasher. Separate utilities: 2 oil tanks, 2 hot water tanks, & 2 100-amp service panels. Tenants are month-to-month. 40 Hill: $1,500/month, 42 Hill: $950/month (42 long-term tenants since 2014). Estimated potential rental income: $36,000/year. Perfect investment with some sweat equity into cosmetic work would increase value & rental income. Tenants pay for electricity, heat, cable, & internet, and are also responsible for snow removal & lawn care.