



Excellent investment opportunity featuring four total units at the corner of Chestnut Street and Somers Street. The property consists of a three-unit apartment building at 535 Chestnut Street and a separate single-family ranch home at 103 Somers Street with a built-in garage beneath.The three-unit building offers separate electric service for each unit, while the landlord currently pays heat and water/sewer. The single-family residence has its own separate utilities. Long-term tenants provide stable occupancy, making this an attractive income-producing property for investors seeking immediate cash flow.Conveniently located near local amenities, shopping, and major transportation routes. Whether you're looking to expand your portfolio or acquire a well-established investment property, this multi-building package presents a unique opportunity.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $3112 | NZD $5,464* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Christian Saunders Real Estate
Property ID: 110109040370
Original Property ID: 3yd-GSBRPA-SC262985