Multifamily at 7% CAP
This unique property presents an excellent opportunity for investors seeking a versatile asset with high income potential. With $80,000 in annual NOI, the asset is positioned for strong returns. The ability to utilize the property for either residential or commercial purposes provides exceptional flexibility for future value appreciation. Completely renovated in 2019/2020, the property boasts a modern chic design that stands out in the neighborhood. The current owners created a stylish and creative environment with an airy color palette, ensuring long-term tenant desirability.
