Description
This Large Legally zoned mixed used building has 6 apartments and 1 office. Active units in great condition actively rented and has even greater potential for value add. The original owner has constructed this building for 10 units, but has not yet filed for a variance/ Use for the remaining 3 units . This is a add value play for a savvy investor. The price is based on some of the units are in need of updates. Seller will make no repairs. The current rents being collected are as follows:Unit #1's rent is $800; Unit #2's rent is $780; Unit #3's rent is $690; Unit #4's rent is $870Unit #5's rent is $1,030Units #6, 7, 8 and 9 are vacant; and Unit 10's rent is $840.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This Large Legally zoned mixed used building has 6 apartments and 1 office. Active units in great condition actively rented and has even greater potential for value add. The original owner has constructed this building for 10 units, but has not yet filed for a variance/ Use for the remaining 3 units . This is a add value play for a savvy investor. The price is based on some of the units are in need of updates. Seller will make no repairs. The current rents being collected are as follows:Unit #1's rent is $800; Unit #2's rent is $780; Unit #3's rent is $690; Unit #4's rent is $870Unit #5's rent is $1,030Units #6, 7, 8 and 9 are vacant; and Unit 10's rent is $840.
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