Courtesy of: Kelly Marie Fry, Personal Real Estate Corp, Keller Williams Ocean Realty
Courtesy of: Kelly Marie Fry, Personal Real Estate Corp, Keller Williams Ocean Realty
$2,699,900
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12,500 square feet
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Multi-family
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$2,699,900
769 4TH AVENUE Multi-Family Building available in Prime Downtown Hope Location. This complex has been meticulously maintained over the years and has a stable tenant profile. No problems ever getting vacancies filled here. The building features 3 levels with 17 units in total. 8 one bedroom units and 9 two bedroom units, give you healthy mixture of tenants. Great opportunity for a new owner to improve the building over time on tenant turn over and increase rents to market rent. The building is projected to Net $106K this year giving you a very stable 3.95% Cap Rate for the building. For more information please contact the Listing Agent. (id:203)