Description
A fantastic opportunity to own 21 renovated units in this appreciating East Plaza neighborhood. Originally built in 1925, these three-story buildings have a stately brick facade. The property is comprised of six one-bed plus den/office and 15 one-bed units. All units have in-unit washer & dryer and high-end luxury finishes including tiled showers, all-new cabinetry, and stainless appliances thanks to a recent top to bottom renovation. The common hallways have all been updated as well. Parking for the building is behind the building in a dedicated parking lot. Tenants pay for electric and gas, the landlord pays for water and trash and tenants pay an additional RUBS fee to offset those costs. This sale also includes an additional land parcel directly behind the building for future potential development use. A great turn key multifamily property that will appreciate over time and offer the ability to increase rents in the future.
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0BEDS
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0.32ACRES
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0BATHS
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01/2 BATHS
Description
A fantastic opportunity to own 21 renovated units in this appreciating East Plaza neighborhood. Originally built in 1925, these three-story buildings have a stately brick facade. The property is comprised of six one-bed plus den/office and 15 one-bed units. All units have in-unit washer & dryer and high-end luxury finishes including tiled showers, all-new cabinetry, and stainless appliances thanks to a recent top to bottom renovation. The common hallways have all been updated as well. Parking for the building is behind the building in a dedicated parking lot. Tenants pay for electric and gas, the landlord pays for water and trash and tenants pay an additional RUBS fee to offset those costs. This sale also includes an additional land parcel directly behind the building for future potential development use. A great turn key multifamily property that will appreciate over time and offer the ability to increase rents in the future.
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