Versatile Dual Building Property With Abundant Potential

Investment Opportunity with immediate income and could be turn key depending on your needs. Two buildings and a large lot give this property a few possibilities. Very little to do in the six unit building with most units having recent updates and are below market value on month to month leases. The two unit building is currently owner occupied and has been slightly modified for easy access between the units but could be returned to its original state, substantially raising income. The six unit building has three two bedrooms/two bathrooms and three one bedroom/one bathroom units. The two unit building has many updates on the first floor and is currently a three bedroom/two bathroom but returning to its original state will give you a two bedroom/one bathroom and one bedroom/one bathroom. With eight rentable units at market value, net operating income at full occupancy could be in excess of $100,000 giving you a projected seven percent capitalization rate. The large lot has plenty of parking and open space for tenant activities. Convenient location for tenants to St Lukes, Steel Stacks, public transportation, eateries and major travel routes. This property will give that portfolio the boost you have been looking for!