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769 4TH AVENUE, Hope
Hope
Multi-family
$2,699,900
For sale
0 BEDS
0 BATHS
12500 sqft

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Description

Multi-Family Building available in Prime Downtown Hope Location. This complex has been meticulously maintained over the years and has a stable tenant profile. No problems ever getting vacancies filled here. The building features 3 levels with 17 units in total. 8 one bedroom units and 9 two bedroom units, give you healthy mixture of tenants. Great opportunity for a new owner to improve the building over time on tenant turn over and increase rents to market rent. The building is projected to Net $106K this year giving you a very stable 3.95% Cap Rate for the building. For more information please contact the Listing Agent.

General Info

C8061421
0
0.34 ac
Listed BY: Kelly Marie Fry, Keller Williams Ocean Realty
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Purchase Amount $ 2,699,900
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CITY 2 CITY REAL ESTATE SERVICES
769 4TH AVENUE, Hope
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