Description
Exceptional investment opportunity with value add potential. This well maintained multifamily property is currently configured as 5 units with a possibility to convert to a 8 unit building. (Buyer to do due diligence). Many of the units have been updated or are in the process of being refreshed. Most are new windows, new floors paint appliances. The unit mix includes a spacious three bedroom two bath unit, a two bedroom two bath unit, two units are three bedrooms, one bathroom and 2 bedroom 1 bath. Whether you're looking to expand your portfolio or capitalize on a property with future development potential, this is a rare opportunity to step into a partially improved asset with room to grow. Don't miss your chance to maximize both cash flow and long-term value. This property has the ability to be up to 8 units. Owner pays heat. Owner pays electric for units 46,54,52. Units 48 & 50 are separate. Owner pays hot water for units 46 & 54. City gas is available for hookup. Roof is about 12 years old, but a portion of the porches need will need to be fix as well as garage. Selling As Is.
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13BEDS
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0.82ACRES
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7BATHS
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01/2 BATHS
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4,812SQFT
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$130$/SQFT
Description
Exceptional investment opportunity with value add potential. This well maintained multifamily property is currently configured as 5 units with a possibility to convert to a 8 unit building. (Buyer to do due diligence). Many of the units have been updated or are in the process of being refreshed. Most are new windows, new floors paint appliances. The unit mix includes a spacious three bedroom two bath unit, a two bedroom two bath unit, two units are three bedrooms, one bathroom and 2 bedroom 1 bath. Whether you're looking to expand your portfolio or capitalize on a property with future development potential, this is a rare opportunity to step into a partially improved asset with room to grow. Don't miss your chance to maximize both cash flow and long-term value. This property has the ability to be up to 8 units. Owner pays heat. Owner pays electric for units 46,54,52. Units 48 & 50 are separate. Owner pays hot water for units 46 & 54. City gas is available for hookup. Roof is about 12 years old, but a portion of the porches need will need to be fix as well as garage. Selling As Is.
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