79 Chestnut Street

Description

19th-century Victorian multifamily situated on a large corner lot in a convenient in-town location, just a short distance to Main Street, grocery stores, Walgreens, the public library, and both local colleges. This two-unit property has a strong rental history and has consistently housed college students for consecutive years, producing an annual rental income of $35,100. Already rented for the 2026-2027 school year. Unit 1 offers 3 bedrooms and 2 bathrooms with a spacious living and dining area, large kitchen, and first-floor laundry. Unit 2 features 3 bedrooms, 1 bathroom, its own kitchen, and living room. Both units retain period charm with high ceilings, hardwood floors, walk-in closets, and fireplaces (condition/operation unknown). The property includes a detached one-car garage, private driveway, and additional street parking. While the home is older and could benefit from updates and improvements, all systems are currently functional, making this an excellent opportunity for an investor or owner-occupant looking to add value in a prime location. Priced to sell.