Description
VALUE-ADD OPPORTUNITY IN PRIME ASYLUM HILL LOCATION! Bring new life to these classic brick buildings-5 solid multifamily structures plus a vacant lot with gated, shared parking in the rear. Rarely does a portfolio of this scale and potential hit the market. Situated on a unified campus, this offering features a diverse unit mix ranging from studios to spacious 3-bedroom townhomes, many of which include 2 full bathrooms. Approximately 25-30 units have already been renovated with modern finishes, while the remaining units present significant upside for investors looking to add value. Additional highlights include laundry rooms in each building, an on-site office, updated electrical with subpanels in every unit, and numerous newer boilers and hot water heaters. Whether you're looking to reposition for long-term cash flow or a new value add project, this is a rare chance to acquire a substantial footprint in a rapidly developing urban market. Savvy investors-don't miss out!
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0BEDS
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0.22ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
VALUE-ADD OPPORTUNITY IN PRIME ASYLUM HILL LOCATION! Bring new life to these classic brick buildings-5 solid multifamily structures plus a vacant lot with gated, shared parking in the rear. Rarely does a portfolio of this scale and potential hit the market. Situated on a unified campus, this offering features a diverse unit mix ranging from studios to spacious 3-bedroom townhomes, many of which include 2 full bathrooms. Approximately 25-30 units have already been renovated with modern finishes, while the remaining units present significant upside for investors looking to add value. Additional highlights include laundry rooms in each building, an on-site office, updated electrical with subpanels in every unit, and numerous newer boilers and hot water heaters. Whether you're looking to reposition for long-term cash flow or a new value add project, this is a rare chance to acquire a substantial footprint in a rapidly developing urban market. Savvy investors-don't miss out!
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