Introducing a portfolio of 3 adjacent eight family 7500sqFt x 3 properties in the heart of South Slope (4 floors + basement 25x60 built on 100 ft lot). All units are RS and all tenants are paying monthly. The properties are all in good condition and expenses ($91,000) include management & maintenance fees. The monthly rent roll for all 3 properties combined is $36,000. The apartment sizes are all 2br flex railroad. two units per floor (25x60) The asking price is currently at an 8% cap rate. Now is your chance to purchase a portfolio of well maintained buildings, perfect for a 1031 exchange.
225 23rd Street
227 23rd Street
229 23rd Street
Currently offered at just $1.2MM per building.