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Investors take notice! 9.5% CAP. This centrally located, updated brick building with 6 units offers plenty of opportunities. All units are 3 bed apartments, ~1,300 sqft each. Entire property was gut renovated around 10 years ago, including mechanicals, refreshing interior of all units, replacing the roof. This year: replaced water heaters, upgraded 3 out of 6 furnaces. Spacious units - newer interior doors, flooring and paint. The apartments include updated eat-in kitchens. Remodeled baths - vanities, tile, tubs and toilets. Stackable washer and dryers in 5 units. The building provides high rents and has 100% occupancy. Utilities are separate and paid by tenants - Central HVAC; electrical panel in each unit. There is video surveillance both inside and out. The driveway is shared with the neighbor, plenty of off-street parking in the back. Mint condition! Great opportunity to own a turnkey, fully occupied property with over 9.5% CAP return!

Property Details of 164 Babcock Street, Frog Hollow

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Listed by Arek Wtulich and Elaine Abouakar of Century 21 AllPoints Realty

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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