$2,439,000 - Investment Property, Residential Income
These days, where can you get a multi family property that a) is in great shape with lots of charm and character, b) is in a great location and c) also cash flows? Answer – you can’t. Yet, here it is, right in front of you! In addition to everything just mentioned, this one has no rent control; has large private decks for each unit; large, secure two car garages for each unit that lead right into the units. Also, tenants pay ALL utilities. One more thing… this property has an excellent ‘value add’ potential in the form of basements that can – according to the Bldg and Safety Help Desk – be converted into additional living space (buyer to do own due diligence on this.) This property would also be great for an owner to live in one unit and rent the rest. Also, condo conversion is well in progress for additional potential “value add”. It is waiting for you. Come get it!
