Listed by Andy Yau of RE/MAX Shoreline
This price is for one parcel. Other parcel(MLS#5039202) valued at 145K+. See MLS #: 5038508 for discount package** The stunning brick building has been incredibly transformed from the studs up in 2024 with brand-new everything 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%+ CoC return. The 2nd parcel is approved for either a single or a duplex with 1 BRs. Showings on Sat May 10 &12

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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 23, 2025 2:10 PM EDT

 

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