The Regan Lee’s 24 spacious studio and one-bedroom units showcase original hardwood floors, mahogany doors, rich wood trim, arched entryways, and abundant natural light, preserving the elegance of a bygone era. The property also features eight garage stalls along the alley, providing both parking convenience and additional income. With current rents well below market, The Regan Lee offers a compelling opportunity to increase NOI through strategic renovations and rent optimization. Additionally, investors may explore redevelopment potential of the existing garage space to add units and further maximize value (buyer to verify).
Sold
Zillow last checked:
Listing updated:
Bought with:
Richard L. Kemp, 31127
Westlake Associates, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2348870
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2025 | Sold | $5,150,000-4.6%$412/sqft |
Source:  NWMLS as distributed by MLS GRID #2348870 Report a problem | ||
| 4/22/2025 | Pending sale | $5,400,000$432/sqft |
Source: NWMLS as distributed by MLS GRID #2348870 Report a problem | ||
| 3/24/2025 | Listed for sale | $5,400,000$432/sqft |
Source: NWMLS as distributed by MLS GRID #2348870 Report a problem | ||
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Estimated market value
$4,918,000
