TURN-KEY INVESTMENT OPPORTUNITY IN WEST CENTRE TOWN
Pride of ownership is apparent. Great investment, well managed and cared for by a conscientious longtime owner. Gross Effective Income $97,656. Net Operating Income $79,400. Huge addition, fire-retrofit, integrated fire alarm system, fire escape, electrical, plumbing, weeping tile, windows, doors, +++ in 2004/2006. Ongoing updates and upgrades over the years of ownership. Seven parking spots. Separate storage lockers for all units. Six apartments: 1 three-bedroom, 2 two-bedroom, 2 one-bedroom and 1 studio/bachelor. Three with in-unit laundry. Coin-op on site for the remaining three. Last unit updated was Unit 3 in 2015. Back roof shingles 2009, front 2019. Rents at today's market rate offer a 12% upside from current rents. Traffic-calmed street. 66’x99’ lot. Zoning R4UB.
Come make 102 Cambridge Street North your new investment!
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