Description
Great opportunity to own a very well-maintained 6 unit with the possibility to add more units in the future (potential total of up to 8 units). Many updates have been completed on this building including a replaced roof (including plywood) in 2016, PVC replacement plumbing, a fully insulated attic, oak hardwoods throughout, as well as many updates to the units themselves. Additional features include coin-operated washers and dryers as well as a full video surveillance system. Two out of the four units are serviced by forced air heating systems - the rest of the units utilize efficient hydroponic electric baseboard heaters. This property can achieve an 8%+ cap rate based on current market rents (currently $1,600/1,100/950/925/900/750). A current and stabilized pro forma analysis can be provided upon request. Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed. Professional photos/media to follow.
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17BEDS
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0.1ACRES
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8BATHS
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01/2 BATHS
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6,648SQFT
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$143$/SQFT
School Ratings & Info
Description
Great opportunity to own a very well-maintained 6 unit with the possibility to add more units in the future (potential total of up to 8 units). Many updates have been completed on this building including a replaced roof (including plywood) in 2016, PVC replacement plumbing, a fully insulated attic, oak hardwoods throughout, as well as many updates to the units themselves. Additional features include coin-operated washers and dryers as well as a full video surveillance system. Two out of the four units are serviced by forced air heating systems - the rest of the units utilize efficient hydroponic electric baseboard heaters. This property can achieve an 8%+ cap rate based on current market rents (currently $1,600/1,100/950/925/900/750). A current and stabilized pro forma analysis can be provided upon request. Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed. Professional photos/media to follow.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-12-06T00:04:26.193.