Description
Incredible opportunity to own 15 units with potential to value add a 16th unit in one of the buildings close to downtown and the Capital. Nine units are 2B/1BA and the remaining six are 1BD/1BA. Walking distance to bus stop, street parking is never an issue, and the property includes ample parking in the back. All ROPs up to date including sprinkler inspection. Many units vacant (12) and walkable with ample opportunity for new owner to raise rents and upside potential of 11% cap and 20% cash on cash return. Make your mark in the Capital Region with this new asset today!
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15BEDS
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0.2ACRES
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15BATHS
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01/2 BATHS
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11,750SQFT
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$0$/SQFT
Description
Incredible opportunity to own 15 units with potential to value add a 16th unit in one of the buildings close to downtown and the Capital. Nine units are 2B/1BA and the remaining six are 1BD/1BA. Walking distance to bus stop, street parking is never an issue, and the property includes ample parking in the back. All ROPs up to date including sprinkler inspection. Many units vacant (12) and walkable with ample opportunity for new owner to raise rents and upside potential of 11% cap and 20% cash on cash return. Make your mark in the Capital Region with this new asset today!
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