Rare opportunity to acquire true multi-family asset located in medical overlay district. 15 units in 3 buildings surrounded by new construction medical office development. Property is currently grossing $8,000 monthly with a scheduled increase to $8,300 In July. Current owner has extensively rehabbed the exterior of all buildings to include new roofs, windows and doors. 9 of the 15 units have undergone interior renovations. Buildings are very low maintenance due to concrete block construction, historical expenses showing 25% expense ratio available during due diligence. Rents remain substantially below market.
8978035
Residential Income - Other, 1 Story
1976
Spalding
0.6
Acres
Public
1
Other
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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