863-865 N Alexandria Ave consists of three (3) units and four (4) parking spaces with two garages forstorage. With original French windows, wood floors, and tiling throughout this property has vintagecharm with modern comfort to appeal to renters. The plumbing has been replaced with copper and thesewage line has been re-piped. All three units are two-stories, and the two front units have balconiesoverlooking a secluded garden area. The sleepy street provides a lovely view overlooking charminghomes and out to the mountains. This building demands high rents for the area due to the appealinglayout of the units and quality renovation which provides modern cleanliness and amenities whileretaining the building's vintage touches. The property gets good rents but still has approximately 30%upside, making it a market 5.6 cap.
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