HIGHLIGHTS
- Fully Renovated Units – All six 2-Bed/1-Bath apartments have been upgraded with fresh paint, quartz countertops, stainless steel appliances, new floor
- Turnkey Asset – With recent renovations completed, the property is 100% move-in ready, requiring no immediate capital improvements from a new owner.
- Attractive Unit Mix – The building consists of (6) spacious 850 SF units, a highly sought-after layout for long-term tenants and families.
- Strong Cash Flow Potential – Current rents are already near market rate, allowing for immediate income while still offering upside over time.
- Tenant-Friendly Amenities – On-site parking and laundry facilities provide convenience and enhance tenant retention.
- Stabilized Investment in a Well-Maintained Building – Ideal for investors seeking a hassle-free, low-maintenance property with steady income in place.
OVERVIEW
Welcome to 317 Tremont St, a completely turnkey 6-unit apartment building, featuring (6) spacious 2-bedroom, 1-bathroom units. Each unit has been beautifully renovated, offering modern upgrades that tenants will love. Highlights include fresh paint, new quartz countertops, sleek stainless steel appliances, new flooring, and updated ceiling fans. With rents already near market rate, this property offers immediate cash flow potential. Tenants will also enjoy convenient on-site parking and laundry facilities. Ideal for an owner looking for a hassle-free investment with move-in ready units in a well-maintained building!
FOR SALE DETAILS
PRICE
$2,200,000 USD
PRICE/SF
$316 USD /SF
# OF UNITS
6
PRICE/UNIT
$366,667
CAP RATE
5.91%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1977
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.24 AC
LAND SF
10,454 SF
ZONING
R3
APN/PARCEL ID
623-132-07
ASK ABOUT THIS PROPERTY
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858-336-9688
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Please correct the highlighted field(s).
858-336-9688
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
