Description
Investors Increase your cash flow with this large 3 LEVEL multi family building. This building has 5 legal units and can easily be converted to 4 units for residential buyers using a 203K rehab loan! It includes Four 1bed/1bath and One 2bed/1bath apartments. Once the conversion is done, you will have 2 one bedroom apartments, 1 four bedroom w/2 bathrooms and 1 two bedroom. For even more income there are 6 storage units, coin operated laundry and 4 parking spaces in the back. This building is well maintained with a roof that is less than 1 year old (done in Sept 2020) and the mechanicals being less than 4 years old. Please ask your agent for the details they are available with the listing. There is an exemption on taxes available for residential buyers. After mortgage(taxes included) and maintenance there is great potential of generating an income of $2,000 a month. Property is being sold "As Is" with the Seller making minor repairs.Look at the bigger picture and put in an offer.
Map
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