(3) Duplexes and (1) Single Family home on one tax parcel. This (7) unit complex is offered at a current 6% CAP. Raising rents to market rate equals a 7.4% CAP in an great location with lots of development nearby. Zoned Urban Residential for up to 4 story building for future development potential. All (3) duplexes are 2bd/1ba on bottom floor and 1bd/1ba on top floor. The home is a 3bd/1ba w/W/D. Three duplexes share a coin operate W/D in basement of one of the buildings that has common access. Lots of updates have been done including sewer line work, unit renovations and lots of new windows. Addresses are 2501 Oakes, 2503 Oakes, 1906 25th St & 1910 25th St.
Current Location
