Attention investors and owner-occupants! Income-producing 3-family property where the heavy-lifting has been done for you by current ownership. Positive cash-flow. All 3 floors are spacious two-bedroom units. 7-8% CAP proforma + strong upside potential. Tenant-paid utilities, very low owner expenses. One floor leased at determined market value; one floor has been freshly renovated and just listed for rent; one floor has tenant lease-end and vacancy scheduled for month's end. $4200-4800/month proforma rent roll. (Seller willing to work with any leasing preferences prior to closing.) Off-street parking available. Rare opportunity to acquire alongside the neighboring multifamily property for a larger investment portfolio. A compelling opportunity for investors looking to build or expand their multifamily portfolio.
Listed by William Pitt Sotheby's Int'l, Melanie Scull. Data sourced from SmartMLS
