Great investment property with 10% cap rate. Great location within miles of major entertainment, shopping and highways, Total Four leases Currently all are tenant occupied. Building has two townhouse 522 and 524 each has 2 bedrooms and one full bath. 526A and 526B are 2BR up and down unites. landlord updated the property as needed during ownership, He replaced two furnaces, replaced a hot water heater, updated a bathroom, updated all gas meters, updated half of the roof , .. .. Fully rented with long term tenants on a month to month lease expect for unit 526B with a one year lease. There is a long spacious basement that has it's own electric meter and half bath was used as a shop under 526A , extra potential income .
Multi-familyProperty Type
1920Year Built
4,560 sq ftLot Size
8 spacesParking
Listed by • COLDWELL BANKER REALTY
Bought with Barbara Baker• BERKSHIRE HATHAWAY THE PREFERRED REALTY