Property Description for 247 16th Street
Unlock the potential of this fantastic 6-plex property, perfectly situated just a few blocks from the university. This prime location makes it an ideal choice for students seeking convenient housing, ensuring a steady demand for rentals. This property features four spacious 1-bedroom suites and two cozy bachelor suites, all well-maintained and occupied with tenants. Each unit comes equipped with all necessary appliances, making move-in a breeze. Plus, the coin-operated laundry facilities on-site add an extra level of convenience for residents and an additional revenue stream for you. With a current monthly rental income of $4,048.50, this investment promises excellent cash flow and growth potential. The property includes six dedicated parking spots, along with ample street parking opportunities right out front. Don’t miss out on this lucrative investment opportunity in a highly sought-after area. Schedule a viewing today!
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Property Details
Property Tax
: N/AMLS® #
: 202423562
Home Features
Property Type
: MultiFamily
Other
Parking Features
: No Garage, Parking Pad, Rear Drive Access, Unpaved Driveway
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