INVESTORS TAKE NOTICE! Exceptional opportunity to own a fully renovated, fully occupied 50-unit multifamily asset with below-market rents and tons of upside potential. Three all-brick buildings (20, 15, and 15 units) feature a balanced mix of 6 townhouses, 8 studios, 6 one-bedrooms, 16 two-bedrooms, and 14 three-bedrooms. Originally built in 1959 and completely rebuilt to the studs in 2006 with over $4M invested. Major updates include new roofs, windows, plumbing, electrical (60-amp subpanels per unit), kitchens, and baths. Features dual-fuel hot water baseboard heat, tenant-paid electric with electric stoves, and energy-efficient insulation upgrades. Amenities include 3 laundry rooms ($1.50/load), 6 ADA-compliant units, fire alarm system, secured gated parking with pass card access, and on-site office/storage space. Turn-key, strong cash flow asset with significant rent growth potential.
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Listing Snapshot
Price
$5,000,000
Days On Site
4 Days
Bedrooms
101
Inside Area (SqFt)
45,000 sqft
Total Baths
65
Full Baths
65
Partial Baths
N/A
Lot Size
0.01 Acres
Year Built
1959
MLS® Number
24136144
Status
Active
Property Tax
$179,473
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 days ago
Listing updated with changes from the MLS®
4 days ago
Listing first seen on site
General Features
Acres
0.01
Foundation
Concrete Perimeter
Parking
None
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
45000
Style
Units on different Floors
Water Source
Public
Zoning
NX-1
Interior Features
Basement
Full
Cooling
Window Unit(s)
Heating
OilBaseboard
Laundry Features
Common AreaIn Basement
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Exterior Features
Construction Details
Brick
Lot Features
Level
Roof
Asphalt
Schools
School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed
Listing courtesy of Richard Breglia of Coldwell Banker Realty
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Last checked: 2025-11-03 08:53 AM UTC.
Neighborhood & Commute
Source: Walkscore
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