CALLING INVESTORS! This is an amazing price! Ready for updates, but extremely well priced, and in a superior location within the building. Here's your opportunity! Excellent location near major commuting roads, bus lines and train station, shopping, and restaurants. This is a fourth (top) floor unit with a large, covered balcony that looks out over the privacy of woods. Very good size rooms and an enormous storage room that has sometimes been used as a little office or nursery. Building has elevator and security cameras throughout. Nice, bright common laundry area on the first floor with plenty of machines. Great opportunity for income generating property, with tenant already in place. Tenant has signed a lease for $975.00 per month through May 31, 2024, which is lower than market, and will transfer with new ownership. Room for substantial increase in rent (after this lease), with a little TLC and refreshing. NO FINANCING FOR THESE UNITS if being purchased as an investment property DUE TO HIGH RATIO OF TENANT OCCUPIED/OWNER OCCUPIED UNITS, and the land lease may make it difficult for conventional loans as well.
$80,000 • 2.50%
Make OfferJennifer Schaffer, William Raveis Real Estate
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