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AS IS SALE. The buyer earns the right to cash flow, equity growth and tax benefits. Investor special five unit apartment property with BELOW MARKET RENTS. Value add deal. 3 of the 5 units are currently rented. Apt 1 - $550/ month. Apt 2 - $555 / month. Apt 3 - $535 / month. The utilities are separately metered and the tenants pay ALL utilities. For economies of scale & optimal density this property can be purchased with 2922 Frankford Ave, 2924-26 Frankford Ave, 2928 Frankford Ave, 3405 Frankford Ave, 3551 Kensington Ave, 3553 Kensington Ave, 1911 E Cambria St & 1909 E Ontario St as a package deal for $1,890,000 total.
Source: BRIGHT MLS, MLS#: PAPH2624316
