OUTSTANDING INVESTMENT! (CURRENT NOI $72,896 AT CAP RATE 7.5% – $971,947) * POTENTIAL VALUE MUCH HIGHER (SEE ATTACHMENTS) * THIS 8 UNIT COULD BE PURCHASED AS ONE * IT IS TWO 4-UNIT AT 1697-1699 (HAS TEAR -OFF ROOF 2024) & 1701-1703 * RIGHT NEXT DOOR TO EACH OTHER * W/ADJOINED PARKING IN REAR WITH 16 SPACES FOR BOTH UNITS * 1 PARKING SPOT RESERVED FOR EACH OF THE 8 UNITS *(CREATED & BLACKTOPPED 2021) * ALL 8 UNITS HAVE 2 BEDRM 1BATH IN EACH UNIT * LOADS OF UPDATES SINCE 2019 TO PRESENT * (COMPLETE LIST IN ATTACHMENTS) ALL 8 UNITS IN HAD UPDATES IN KITCHENS (ALL 8 KITCH HAVE TILED BCKSPLSH) S/WITH UPDATED CABS * & BATHOORMS * S/TILED BATHRMS & SHOWERS * ALL UNITS NEWER KITCHEN APPLIANCES STOVE AND REFRIGERATOR * ALL 8 UNITS HAVE NEWER WASHER AND DRYER * M/UNITS UPDATED FLOORING * LIGHTING * PAINT * MULTIPLE FURNACES AND HOT-WATER TANKS HAVE BEEN UPDATED * LANDSCAPING 2024 * AND MUCH MORE! NOTE SELLER IN 5 YEARS HAS HAD 0% VACANCY & 0 MNGMT COSTS * POTENTIAL HIGHER NOI * * BOTH BUILDINGS ARE LISTED AS SEPARATE * 4 UNITS * 1697-1699 IS M/L # B1631078 & 1701-1703 IS B1631070 * NOTE SELLER IN 5 YEARS HAS HAD 0% VACANCY & 0 MNGMT COSTS * CHECK OUT PICS OF INTERIOR.
