Listed by Michael Garabedian, from London Properties
(If provided) CoList: from
Sold listing courtesy of General NONMEMBER from
Well-maintained and clearly loved 4-unit apartment building located in the established and desirable Mayfair District. This fully rented property features dual-pane windows throughout, fresh exterior paint, and a composition roof, offering both curb appeal and long-term durability. The owner's unit includes a cozy fireplace, adding to tenant appeal and livability. Currently generating over $50,000 in annual income at a solid 5.5% CAP rate, this property also offers additional upside with room for a coin-operated laundry to increase cash flow. A turnkey, low-maintenance asset and an all-around smart investment for both seasoned and first-time investors.
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