Description
Two parcels: 1 featuring a fully renovated 6-unit brick building, and another with a ready-to-build foundation. The stunning brick building has been incredibly transformed from the studs up with brand-new everything in 2024 from the sheetrock walls to the ceilings. Prepare to be captivated by the stunning curb appeal, featuring a revitalized exterior brick facade, sleek new siding, and a bold new gable roof. The new roof replaced the flat roof elevating its architectural charm. The new wide expansive windows invites abundant natural light, while the stylish black-framed doors add a nice contemporary touch. The upgrades extend to the mechanical systems, including new electrical wiring with recessed lighting, efficient mini-split heating, and professionally designed plumbing. Step inside to explore beautifully redesigned units featuring fully updated bathrooms, kitchens with stainless steel appliances, and premium flooring. Each unit showcases contemporary design with high ceilings, open-concept layouts, and character from stylish brick backsplash accents. Tenants love the newly built back decks, ideal for relaxing on summer days. The property features ample parking in the rear, fully paved with newly marked lines. The building is equipped with a new sprinkler&fire alarm system. There is nothing to do than to collect income with a potential ~9% cap rate, and 13.12% CoC return. The 2nd parcel is approved for either a single or a duplex with 1 BRs. showings Sat May 10 & 12
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6BEDS
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0.13ACRES
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6BATHS
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01/2 BATHS
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5,010SQFT
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$239$/SQFT
School Ratings & Info
Description
Two parcels: 1 featuring a fully renovated 6-unit brick building, and another with a ready-to-build foundation. The stunning brick building has been incredibly transformed from the studs up with brand-new everything in 2024 from the sheetrock walls to the ceilings. Prepare to be captivated by the stunning curb appeal, featuring a revitalized exterior brick facade, sleek new siding, and a bold new gable roof. The new roof replaced the flat roof elevating its architectural charm. The new wide expansive windows invites abundant natural light, while the stylish black-framed doors add a nice contemporary touch. The upgrades extend to the mechanical systems, including new electrical wiring with recessed lighting, efficient mini-split heating, and professionally designed plumbing. Step inside to explore beautifully redesigned units featuring fully updated bathrooms, kitchens with stainless steel appliances, and premium flooring. Each unit showcases contemporary design with high ceilings, open-concept layouts, and character from stylish brick backsplash accents. Tenants love the newly built back decks, ideal for relaxing on summer days. The property features ample parking in the rear, fully paved with newly marked lines. The building is equipped with a new sprinkler&fire alarm system. There is nothing to do than to collect income with a potential ~9% cap rate, and 13.12% CoC return. The 2nd parcel is approved for either a single or a duplex with 1 BRs. showings Sat May 10 & 12
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Courtesy of Andy Yau of RE/MAX Shoreline: .