An exceptional investment opportunity, this fully occupied residential rental property offers stable income in a sought-after location. Well-maintained and thoughtfully managed, the building features high tenant retention and strong rental demand. Situated in a desirable neighborhood with convenient access to local amenities, public transportation, and major thoroughfares, this property ensures long-term value appreciation. Ideal for investors seeking a turnkey asset with reliable cash flow. 30 residential units (all are rent stabilized) plus 1 commercial. Fully occupied. Well maintained. Recently upgraded building. Income $679,157. Expenses $251,429. NOI $427,728.
An exceptional investment opportunity, this fully occupied residential rental property offers stable income in a sought-after location. Well-maintained and thoughtfully managed, the building features high tenant retention and strong rental demand. Situated in a desirable neighborhood with convenient access to local amenities, public transportation, and major thoroughfares, this property ensures long-term value appreciation. Ideal for investors seeking a turnkey asset with reliable cash flow. 30 residential units (all are rent stabilized) plus 1 commercial. Fully occupied. Well maintained. Recently upgraded building. Income $679,157. Expenses $251,429. NOI $427,728.
Listing Courtesy of RE/MAX Edge