Description
Welcome to this exceptional investment opportunity for savvy real estate buyers! This well-maintained property has undergone thorough repairs and renovations, ensuring it is in top condition for prospective buyers.Comprised of 3 highly sought-after Studio apartments, a spacious one-bedroom unit, and an office space with a separate bathroom, this building is a standout in its class. All residential units are currently rented and have been updated to meet modern standards.For added security, the building features a comprehensive video surveillance system and a reliable fire alarm system to ensure the safety and wellbeing of all tenants.The office space is currently available for lease, offering an additional revenue stream to the property. With positive cash flow, even without the office, this building is a turnkey investment opportunity.All necessary inspections have been passed, and the Certificate of Occupancy was issued within the last year, ensuring this property is fully compliant with all regulations.With a desirable location and an impressive 9% Cap Rate, this property is a smart investment for anyone looking to expand their real estate portfolio. Don't miss out on this rare opportunity to own a prime piece of real estate with great potential for growth and profitability!
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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2,400SQFT
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$152$/SQFT
Description
Welcome to this exceptional investment opportunity for savvy real estate buyers! This well-maintained property has undergone thorough repairs and renovations, ensuring it is in top condition for prospective buyers.Comprised of 3 highly sought-after Studio apartments, a spacious one-bedroom unit, and an office space with a separate bathroom, this building is a standout in its class. All residential units are currently rented and have been updated to meet modern standards.For added security, the building features a comprehensive video surveillance system and a reliable fire alarm system to ensure the safety and wellbeing of all tenants.The office space is currently available for lease, offering an additional revenue stream to the property. With positive cash flow, even without the office, this building is a turnkey investment opportunity.All necessary inspections have been passed, and the Certificate of Occupancy was issued within the last year, ensuring this property is fully compliant with all regulations.With a desirable location and an impressive 9% Cap Rate, this property is a smart investment for anyone looking to expand their real estate portfolio. Don't miss out on this rare opportunity to own a prime piece of real estate with great potential for growth and profitability!
©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-06-08T23:52:02.357.