1624 Veteran Avenue is a two-story, multi-family property located in the rarely traded area of Westwood. The Property features extra large units of 2 and 3 bedroom units including a 3 bedroom with a private backyard suitable for an owner/user (currently occupied). The other 3 bedroom will be delivered vacant at closing per Seller. The property is separately metered for gas and electricity minimizing the owner's expenses. The property also features a laundry room for the convenience of the residents and additional monthly income. With significant upside of approximately 27% in rents, a savvy investor will be able to increase the cash flow of the property and add value to the asset by renovating the interiors of the units as they become vacant. Priced at $550k/unit; $420/S.F.; 17.9 x current rents and 3.5% CAP. DRIVE BY ONLY, DO NOT DISTURB TENANTS. SHOWING ONLY WITH ACCEPTED OFFER. A complete marketing package is available.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
