This investment opportunity consists of 2 buildings with a total of 16 units - All apartments are spacious, 3 Bedroom/1 Bath and have laundry in unit. The property is leased through the HAP Program (on yearly contract so is always 100% occupied with rent increases every year. There are separate and tenant paid utilities. 1 Building is gas H&HW with a new gas line and 1 Building is electric H&HW with updated electrical. The buildings have 50% newer/replacement windows. There is ample off-street parking with approx. 15 parking spaces + an additional lot across the street. They also made energy updates including: re-insulating the basement and upgrading the lighting. There is a super on site who has been with the property for years. 10% CAP Rate
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.
