Exceptional Investment Opportunity: Multi-Family 10-Unit Apartment Building, Originally a 12-unit property, this building has been thoughtfully reconfigured into a 10-unit complex, with two of the units expanded and duplexed into the Lower-Level. This fully occupied, turnkey investment boasts a solid 8 cap rate and a possibility of 9+ with market rents. Each unit is independently metered, featuring in-unit washer and dryer, central heating, and tenant-paid utilities (excluding water and garbage paid by landlord). The building is fully rented with reliable tenants (No pending Evictions), providing immediate, hassle-free income. Detailed profit and loss statements are available in the additional fields, Don't miss this prime investment opportunity!
Active
$1,410,000
Virtual Tour
Commercial
12215951
Built in 1968
37691.4 (2023)
Disclaimer: The information contained in this listing has not been verified by United Real Estate Elite and should be verified by the buyer.
Information provided by MRED