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Two lots - Fully Renovated 4 unit multifamily dwelling on the front lot that is 100% occupied with a strong credit tenant roster and a year-1 NOI of $100,700. Potential to add value - the property consists of 14 parking spots that the landlord is currently not charging for. The second lot also has an existing two-story structure with redevelopment potential - buyer to do their own due diligence as to what can be built. Located less than a 1/2 mile from the Wonderland T stop and just steps from the beach. Direct access to Revere Beach and ocean views from the rear roof deck.Unit breakdown: 2 bed, 2 bed, 3 bed, 4 bed.

MLS Listing ID: 73003767
Listing Price: $1,750,000
Listing Status: Price Changed [?]
Neighborhood: Oak Island
Property Type: Multi Family
Bedrooms: 11
Full Baths: 4
Half Baths: 1
Living Space: 5485 sf.
Lot Size: 0.17 acres (7215 sf.)
Parking: Yes
Taxes: $9,400.00
Tax Year: 2022

Listing Current as of August 19, 2022 7:00am

This listing brought to you by John Parsons, Jr. of Parsons Commercial Group, Inc..

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