Property Highlights

Vintage American Four Square design
Six spacious one-bedroom units
Large, airy floorplans
Includes laundry in each unit
Three vacant garage/storage spaces
Potential for rent increases and redevelopment

Overview

Exceptional opportunity to own a three story walk-up of vintage American four square design with colonial revival and craftsman influences. Six spacious one-bedroom units have large, airy floorplans that flow comfortably between living room, dining room, bedroom, kitchen, & laundry. These desirable apartments are rarely vacant. The property also offers investors potential upsides on renting 3 currently vacant garage/storage spaces, creating a Ratio Utility Billing System (RUBS) for water and sewer utility reimbursement, as well as rent increases to market rents. The .15 acre lot may also have further development potential. Check with City for options.

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