Once in a lifetime opportunity!!! Legal 9 family apartment building, fully occupied. One block from Main St and the multiple hundred million dollar upper Port Jeff revitalization project. Apartment buildings surround, many high-end luxury apartments. Building sits on one-way street, new town park at the end of the block. Short distance to train. Building has large parking lot. Fire escape and class three fire suppression system. First floor: (1) one bedroom unit, and (1) 3 bedroom unit. Second floor: (1) two bedroom unit, (1) one bedroom unit, and (2) studios. Third floor: (3) large one bedroom units. Five year young roof. Gross monthly rent after scheduled increases: $16,400/Annual $196,800. Property has unlimited upside.
6,879 Sq Ft
0.35 Private Acres Exterior Space
Commercial
$26,142 Annual Tax
Built in 1950
MLS/Listing ID L3521786
9 Units
Parking - Private
Heating - Hot Water
Heating - Natural Gas
Construction - Block
Gas Water Heater
Listing Courtesy of COLDWELL BANKER AMERICAN HOMES, BRYAN J. KARP CBR - 631-759-5277
Source of Data: ONEKEY MLS