Asking Price: $4,150,000

PRICE REDUCED! All financial information provided assumes that vacant Unit 5 is leased at projected rent and assumes a 4% rental increase for Units 4R, 6R and 8 as of 7/1/19. Unit mix is two (2) large 1bed+1bath units, four (4) large 2bed+1bath units, one (1) two story 2bed+1bath townhome unit, and one(1) 3bed+2bath unit. The property is a two-story, 7,120-square-foot walk-up building with a wood frame and stucco construction situated on a 7,500-square-foot lot. One (1) 1bed+1bath and three (3) 2bed+1bath units have been fully renovated with high end finishes. The renovated units feature light laminate flooring throughout, recessed lighting, custom tiled walk-in showers, in-unit washer/dryer, new kitchen cabinets and counter tops along with all stainless-steel appliances including a dishwasher and over-the-range microwave. Parking is eight (8) single spaces of which four are individually garaged. Units are separately metered for gas and electric. One common area washer/dryer.