Description
Large Multifamily in highly sought after Palm Grove in the Upper Eastside! 3 Unit Total. Live in one unit and rent the others! Unit 1 has 2 bedrooms plus a bonus den that can be a 3rd bedroom as well as updated windows. Unit 2 has a newer kitchen and all three units have new plumbing and updated electrical. The property has a separate laundry room shared by all three units as well as gated covered parking. There are two large open patio areas with two covered areas that can be shared by all Tenants or kept separate on either side of the property for corner units. Entire property gated and fenced. Rents currently under market value but can be raised for a projected Cap Rate of 7%. No Flood Insurance Required! Easy to Show!
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5BEDS
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0.17ACRES
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3BATHS
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01/2 BATHS
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2,410SQFT
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$216$/SQFT
School Ratings & Info
Description
Large Multifamily in highly sought after Palm Grove in the Upper Eastside! 3 Unit Total. Live in one unit and rent the others! Unit 1 has 2 bedrooms plus a bonus den that can be a 3rd bedroom as well as updated windows. Unit 2 has a newer kitchen and all three units have new plumbing and updated electrical. The property has a separate laundry room shared by all three units as well as gated covered parking. There are two large open patio areas with two covered areas that can be shared by all Tenants or kept separate on either side of the property for corner units. Entire property gated and fenced. Rents currently under market value but can be raised for a projected Cap Rate of 7%. No Flood Insurance Required! Easy to Show!
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