Courtesy of: Christopher Crosby, Buckingham Investments, Inc, chris.crosby@buckinghaminvestments.com
$1,435,000
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10 bed
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4.00 Bath (4 Full)
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Lot: 3,001.00 Square Feet
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Quadruplex
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$1,435,000
801 Atlantic Avenue $40, 000 Price Reduction!! Attractively priced at 12.7 GRM, a 5.2% cap rate with upside, and gross scheduled rents of $112, 620 per year. Three of the four units will be occupied. The 2-bedroom, 1-bath unit is ready for an owner to move in or for an investor to choose a tenant and secure market rent! 801 Atlantic Ave, Long Beach is a beautifully renovated 4-unit multifamily property perfect for both investors and owner-occupants. The property has an attractive unit mix of (2) 2-bedroom 1-bath and (2) 3-bedroom 1-bath units. All 4 units have been meticulously renovated in 2023 including new flooring, cabinetry, Quartz countertops, light fixtures, wall heaters, water heater, sinks, appliances, blinds, and fresh paint. The property boasts a completely upgraded electrical system in 2023, including a full re-wire, new main service panel, and sub panels, as well as a 2024 Silicone white roof!
Courtesy of: Christopher Crosby, Buckingham Investments, Inc, chris.crosby@buckinghaminvestments.com
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