Description
Stately Italianate Victorian with a storied history. All units occupied with excellent tenants. All leases have annual increases built in. Coin Operated Laundry in basement provides extra income. 3 garages are rented. 5 off street parking spaces. All units are in excellent condition, and each unit has a 5 year certificate of compliance that was renewed in June of 2022. This property is a solid 9+% CAP rate. No showings without verification of Buyer's financial qualifications, either proof of funds OR a Commercial Letter of Qualification from a certified Lender-No exceptions. Commercial financing required with a minimum of 25% down. Certified Commercial Appraisal available for Pre-Qualified Buyers.
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7BEDS
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0.43ACRES
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5BATHS
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01/2 BATHS
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8,814SQFT
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$0$/SQFT
School Ratings & Info
Description
Stately Italianate Victorian with a storied history. All units occupied with excellent tenants. All leases have annual increases built in. Coin Operated Laundry in basement provides extra income. 3 garages are rented. 5 off street parking spaces. All units are in excellent condition, and each unit has a 5 year certificate of compliance that was renewed in June of 2022. This property is a solid 9+% CAP rate. No showings without verification of Buyer's financial qualifications, either proof of funds OR a Commercial Letter of Qualification from a certified Lender-No exceptions. Commercial financing required with a minimum of 25% down. Certified Commercial Appraisal available for Pre-Qualified Buyers.
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