This is a 4 unit apartment with a parking lot right next to the building. Parking spaces can get $300-$350/mo. One tenant is currently paying $150/mo for one additional space. Per city records, the total living area is 2, 816 sf on a total lot size of 4, 485 sf (sf not verified by owner or agent). Buyer to perform own diligence on square footage. The property is under RM2 zoning. All units are 4 rooms and 1 bath. The property had gone through a renovation after a fire in 2015. All work has been completed and signed off. Based on current scheduled rents, 4.6% cap. Unit #8 is marketed for $2, 850/mo. Rental increase effective 8/1/17, #10 at $1, 005.93/mo, #12 at $2, 950/mo and #14 at $$1, 328.21/mo. Property sold As-Is
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Listing Courtesy ofAngela Ma, Broker