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BEDROOMS25
BATHROOMS0
KITCHENS0
ROOMSX10408524
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Property Description
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!
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Property Details
Street
Community
City
Property Type
Multiplex, Other
Lot Size
50' x 291'
Lot Irregularities
148.09x93.24x291.53x49.67x145.27x42.07
Fronting
West
Taxes
$44,866 (2023)
Basement
None
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
25
Driveway
Private
Garage Type
None
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Listing contracted with Thrive Realty Group Inc.
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