Overview
- Updated On:
- October 17, 2022
- 10 Bedrooms
- 7 Bathrooms
- 4,375 ft2
Description
$12,725 AVERAGE MONTHLY over 5 years! Outstanding investment for landlords, investors,1031 exchanges, and more. What was once a shell of a seared structure, emerges as a brand new, turn-key four-family fully leased until 2027. The building has been completely gutted to the bones and rebuilt from the inside out. From a repointed brick shell to new water and sewer mains, nothing remains of its old self. Being brand new is not even its best quality, the entire building is fully leased for five years with above-market rents with annual increases. Operating expenses should be minimal, the tenant is responsible for all maintenance, utilities, and groundskeeping, while the landlord’s responsibilities include water and taxes only. This is a perfect portfolio piece for anybody looking for a low-maintenance, turn-key investment. 123 Intervale is conveniently located just minutes to Four Corners/Geneva Commuter Line (Purple Line), Savin Hill (Red Line), I-93, and Columbia Road.
