Value-Add Opportunity
• 12 Units
• 100% Free Market
• 6.87% Cap Rate
• 24% Upside
Building Highlights
• Brick Building
• Renovated Units
• Roof Recently Replaced
• Laundry in Building
• Boilers Recently Replaced
• Separately Metered Units
• Tenant pays for cooking gas, heat, hot water, & electric
• Landlord pays for water/sewer and common area electric
Convenient Transportation
• The building is approximately an 9-minute walk to the 22nd Street light rail stop which provides a 23-minute light rail ride to Manhattan via the PATH train.