Description
7 unit Investment Opportunity at an 8%+ CAP. Value Add Opportunity, Rent Upside Potential, Separate, Tenant Paid Utilities, and ATTRACTIVE OWNER FINANCING UP TO 85% LTV all makes this an excellent opportunity for both investors or owner occupants! 2 Adjacent Parcels on a corner lot totaling .31 acres. 2190 Barnum Ave is comprised of 2 single family homes, each with 3 beds, 1 bath, washer and dryer, and a covered front porch. One home was totally renovated 5 years ago, the other is in need of renovation. The second parcel, 2178 Barnum Ave, is on a corner lot and consists of (3) 2 bedrooms, (1) 1 Bedroom and (1) Studio. The studio and 1 bedroom unit have newer windows, boilers and appliances. The (3) 2 bedrooms each have washer and dryer hookups, vinyl replacement windows, and secure storage area for each unit in the basement. There is ample off street parking for the corner lot with a 1-car detached garage currently being used as storage by the owner.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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3,905SQFT
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$183$/SQFT
School Information
Description
7 unit Investment Opportunity at an 8%+ CAP. Value Add Opportunity, Rent Upside Potential, Separate, Tenant Paid Utilities, and ATTRACTIVE OWNER FINANCING UP TO 85% LTV all makes this an excellent opportunity for both investors or owner occupants! 2 Adjacent Parcels on a corner lot totaling .31 acres. 2190 Barnum Ave is comprised of 2 single family homes, each with 3 beds, 1 bath, washer and dryer, and a covered front porch. One home was totally renovated 5 years ago, the other is in need of renovation. The second parcel, 2178 Barnum Ave, is on a corner lot and consists of (3) 2 bedrooms, (1) 1 Bedroom and (1) Studio. The studio and 1 bedroom unit have newer windows, boilers and appliances. The (3) 2 bedrooms each have washer and dryer hookups, vinyl replacement windows, and secure storage area for each unit in the basement. There is ample off street parking for the corner lot with a 1-car detached garage currently being used as storage by the owner.
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