
Description
Investors, check out this opportunity to add to your portfolio! This property consists of 2 large 3 bedroom apartments that take up an entire floor each, and 6 rooms that are currently on month to month leases. The rooms are services by two bathrooms and two kitchens. Several of the rooms are currently in transition due to renovations, and plenty of opportunity remains to make improvements and raise rents accordingly. Recent improvements include kitchen and bath updates for the rooms, and significant roof work to get that watertight. See financial proforma in documents, deals with this level of potential cashflow are hard to come by in this market! Seller would also be willing to sell the adjacent property, 193 S Front St with the right offer.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Investors, check out this opportunity to add to your portfolio! This property consists of 2 large 3 bedroom apartments that take up an entire floor each, and 6 rooms that are currently on month to month leases. The rooms are services by two bathrooms and two kitchens. Several of the rooms are currently in transition due to renovations, and plenty of opportunity remains to make improvements and raise rents accordingly. Recent improvements include kitchen and bath updates for the rooms, and significant roof work to get that watertight. See financial proforma in documents, deals with this level of potential cashflow are hard to come by in this market! Seller would also be willing to sell the adjacent property, 193 S Front St with the right offer.
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