Walk to the beach, excellent restaurants and stores from this very large 8 unit building.Five 1 bedroom apartments, and three 2 bedroom apartments. Rents range from $1125 to $1550, TAW or leases ending soon on all apartments. Apartments are in good condition. All rents should be significantly higher. Heat is included in the rent. Parking for 9 cars on lot. Golf course across the street. This property is less than 2 miles from Suffolk Downs, which will soon be a phenomenal economic engine for this entire area. Cap Rate is 5.2% at current rents. This property has never flooded. Interior pix coming soon.
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