For Sale $525,000 - Multi-Family
The building could use a freshening up. But these four identical units have tons of original details and built-ins. The bones are all here. These apartments are currently renting for $1200 each. But with some minimal upgrades, they could be bringing in substantially more. With updated kitchens and baths add in a dishwasher and washer/dryer to each unit and they could conservatively bring in $1600-$1800 each. Current Cap Rate of 8.07%.
- Cap Rate: 8.07%
- Special Zoning: In Opportunity Zone