12 Frederick St
Listing Notes
Excellent opportunity to own a cash-flowing 4-family rental property with strong upside potential to convert to a 6-family (buyer to verify zoning and approvals). Ideally located near shopping, dining, and public transportation, this property checks all the boxes for investors seeking stable income today and growth tomorrow.Each unit offers functional layouts with separate living spaces, making it attractive to long-term tenants. The building is well-suited for continued rental operation while exploring value-add opportunities through unit upgrades, rent optimization, or potential expansion.
Comps
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Mortgage Calculator
Excludes property tax, property insurance, and hoa / fees — not in this listing, so the true monthly cost is higher.
- Due at close
- $229,805
- Loan amount
- $584,250
- Loan to value
- 75%
- Principal & interestLoan scenario$3,907
- Property taxNot in listing dataNot provided
- Property insuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Multifamily defaults use a larger down payment. Taxes, insurance, rent, reserves, and DSCR are not invented.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Listing activity
- Days on market
- 100 days
- Last price change
Where it is
For sale Coming soon Recently sold— zoom out for more