12% Cap Rate on this 10 unit building. All rents have recently been raised to market rate. Property offers (2) One bedroom units, (4) Two bedroom units, & (4) Three bedroom units. Property has also been through the city lead abatement program. In addition, the adjacent vacant lot #43 is also part of the sale. Currently being used for additional parking, this lot meets the requirements to build a 4 unit apartment building. Or use the lot as is and continue to allow tenants the convenience of off-street parking.
|Address:||39 & 43 Knox Street|
|Lot Square Feet:||0.220 acres|