Description
Location!! Opportunity to own TWO large and recently renovated adjacent three-family properties with parking in-between for a total of 6 units with 9.5% CAP rate in Town Plot! #1118 is a large corner property with (2) large 3 bed units + (1) large 2 bed unit (approx. 1,100 SF each) - fully occupied. This property was gutted approx. 5 years ago and features: newer roof, siding and windows. The units are large with hardwood floors throughout + updated kitchens and baths. The utilities are separate & tenant paid: Gas H & HW + updated electrical. #1110 is an adjacent property with (3) large 3 bed units (approx. 1,125 SF each) - all fully occupied. The siding, roof and windows are all in good condition. The units are large with hardwood floors throughout + updated kitchens and baths. The utilities are separate & tenant paid: Gas H & HW + updated electrical. There is shared parking between the two assets with ample parking for tenants. This is a great opportunity to purchase TWO turn key assets in Town Plot WITH parking + 9.5+% CAP rate (actual). Super well maintained and low maintenance. WON'T LAST! Well maintained and cash flowing!
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