16 Units + (1) Non-Conforming Studio (2) Two Bedroom/Two Bathroom - (10) One Bedroom/One Bathroom, (4) Studio and (1) Non-Conforming Studio - (5) Two Car Garages and (5) One Car Garages along with ample street parking - Gross Building Square Footage of 10,390 - Lot Size of 11,301 Square Feet - On-site Laundry room with two washers and two dryers ------- The property boasts a desirable unit mix of (2) Two Bedroom/Two Bathroom, (10) One Bedroom/One Bathroom, (4) Studio PLUS (1) Non-Conforming Studio Unit. There are (5) two car garages and (5) one car garages coupled with ample street parking. The building is separately metered for gas and electricity. An investor can capitalize on the tight rental market and high rents in this neighborhood by implementing a strategic unit interior renovation plan, which will upgrade the units and allow the buyer to command top of the market rents. Rents at the higher end of the range result in 23% rent upside potential.
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Listing Courtesy ofMatthews Real Estate Investmen