Description
Incredible opportunity to invest in a truly one of a kind Midtown 4plex . This beautiful and charming building is a must-see with spacious units and so much potential. Located just 2 blocks from the street car expansion route planned for completion in 2025. New concrete drive for off-street parking and recently replaced windows throughout. Units: (1) 4 bed/2 bath, (2) 2 bed/1 bath, (1) 1 bed/1 bath. The unoccupied units have been recently vacated and occupied units have long-term tenants in place. The property offers a significant value-add opportunity for new ownership to make improvements and achieve market rent in this highly desired neighborhood. Tenants pay all utilities and all units are separately metered (including water). The property was inherited at the end of 2021. The 2 vacant units were occupied until Spring of 2022. Great opportunity to renovate the 2 vacant units while still having consistent cash flow from units currently occupied. This is a rare opportunity that won't last long.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
Description
Incredible opportunity to invest in a truly one of a kind Midtown 4plex . This beautiful and charming building is a must-see with spacious units and so much potential. Located just 2 blocks from the street car expansion route planned for completion in 2025. New concrete drive for off-street parking and recently replaced windows throughout. Units: (1) 4 bed/2 bath, (2) 2 bed/1 bath, (1) 1 bed/1 bath. The unoccupied units have been recently vacated and occupied units have long-term tenants in place. The property offers a significant value-add opportunity for new ownership to make improvements and achieve market rent in this highly desired neighborhood. Tenants pay all utilities and all units are separately metered (including water). The property was inherited at the end of 2021. The 2 vacant units were occupied until Spring of 2022. Great opportunity to renovate the 2 vacant units while still having consistent cash flow from units currently occupied. This is a rare opportunity that won't last long.
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