Description
5-unit apartment building located in the highly sought-after Graduate Hospital area. Long-term tenants in place, all currently paying below-market rents with leases that are currently up for yearly renewal. The first-floor front unit features beautifully exposed brick wall, a modern kitchen, and a ceramic tile bath. The first-floor rear unit has a new kitchen and bath, along with a private rear yard. The second-floor front unit has potential for upgrades, while the second-floor rear unit is a charming studio with a modern kitchen and ceramic tile bath. The third-floor apartment is a bright and sunny studio recently updated with new flooring and wainscoting in the kitchen. The basement is fully cemented with stuccoed walls and coin-operated washer and dryer facilities. Separate utilities for heating, cooking, hot water, and electric, with the owner responsible only for cold water. Cap rate of 5.4%.87/100Walk ScoreVery Walkable99/100Bike ScoreBiker's Paradise73/100Transit ScoreExcellent Transit
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0.03ACRES
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01/2 BATHS
Description
5-unit apartment building located in the highly sought-after Graduate Hospital area. Long-term tenants in place, all currently paying below-market rents with leases that are currently up for yearly renewal. The first-floor front unit features beautifully exposed brick wall, a modern kitchen, and a ceramic tile bath. The first-floor rear unit has a new kitchen and bath, along with a private rear yard. The second-floor front unit has potential for upgrades, while the second-floor rear unit is a charming studio with a modern kitchen and ceramic tile bath. The third-floor apartment is a bright and sunny studio recently updated with new flooring and wainscoting in the kitchen. The basement is fully cemented with stuccoed walls and coin-operated washer and dryer facilities. Separate utilities for heating, cooking, hot water, and electric, with the owner responsible only for cold water. Cap rate of 5.4%.87/100Walk ScoreVery Walkable99/100Bike ScoreBiker's Paradise73/100Transit ScoreExcellent Transit
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