Very well maintained multi-family within walking distance to KSC and many downtown attractions. This multi-family has a history of long term tenants, current tenants have averaged 3-9 years! This property has a solid income flow with rents averaging $28,000 +/- per year . The house has had many upgrades with new windows and siding in 2009, updated wiring in 2009, new water heaters within the past three years, new furnace for upstairs unit in 2018, new Rinnai heater for 1st floor in 2013, along with new gutters installed three years ago. Seller is in the process of having the upstairs hardwood floors re-finished.
PrimeMLS #2755157
Aug 20, 2009
Sold
$184,000
$102/sq ft
Dec 18, 2008
Listed
$204,900
$113/sq ft
Three Unit near KSC. Apt 2/separate utilities. Apt 1 + beauty salon/utilities included. W/ S owner pays. 3 sink salon. Add'l rental income potential by renting 3rd sink. Coin-operated laundry in bsmt/$50. mo. Walk-out bsmt. 3 porches. 8-9 parking spaces. New roof. New electrical updating. New furnaces 2005. Good income history.
Year
Property tax
Land + Additions
Assessment*
2025
$6,568 (+3.9%)
$35,300 + $155,800
$191,100
2024
$6,320 (+3.7%)
$35,300 + $155,800
$191,100
2023
$6,094 (+2.8%)
$35,300 + $155,800
$191,100
2022
$5,930 (−0.8%)
$35,300 + $155,800
$191,100
2021
$5,978 (−3.0%)
$35,300 + $155,800
$191,100
2020
$6,166 (−0.9%)
$40,700 + $124,700
$165,400
2019
$6,219 (+123.6%)
$40,700 + $124,700
$165,400
2012
$2,781
Tax history for 91 Water St
Year
Property tax
Land + Additions
Assessment*
2025
$6,568 (+3.9%)
$35,300 + $155,800
$191,100
2024
$6,320 (+3.7%)
$35,300 + $155,800
$191,100
2023
$6,094 (+2.8%)
$35,300 + $155,800
$191,100
2022
$5,930 (−0.8%)
$35,300 + $155,800
$191,100
2021
$5,978 (−3.0%)
$35,300 + $155,800
$191,100
2020
$6,166 (−0.9%)
$40,700 + $124,700
$165,400
2019
$6,219 (+123.6%)
$40,700 + $124,700
$165,400
2012
$2,781
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.