Great investment opportunity priced at a 7% cap rate. This building includes 6 units and a garage in the rear that is being rented. 100% occupied until June and July of next year with lots of upgrades. Apt 21 had bath remodeled in 2016. Apt 22 got a new kitchen in 2017. Apt 10 & 11 were completely remodeled in 2018. Apt 31 (Penthouse) was completely remodeled in 2019 including rebuilding the roof top deck. 1601 W Cary next door is also for sale as part of a portfolio. These two buildings are part of a portfolio that is up for sale as well as 2401 Grove Ave. Can be sold separately or together.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
