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.
Details:
Families:
9
Bedrooms:
11
Bathrooms:
9
Property Type:
Other
Rooms:
25
Outdoor Space:
Deck
Lot Size:
.35
Acres:
0.36
Built:
1950
Financials:
Price:
$2,100,000
Taxes:
$26,142
Coldwell Banker American Homes Bryan J. Karp Cbr Office: 631-863-9800