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| Description |
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Welcome to 230 S 46th Street - An amazing investment opportunity in Spruce Hill. Step into luxury living with this newly developed FIVE unit building consisting of 1- 2bd/1ba, 1 - 3bd/2ba, 2 - studios, 1 - 2bd/2ba, and 1 OFF STREET PARKING SPOT. All of this building's mechanicals are brand new including plumbing electric, sprinkler system, and HVAC. Crafted with precision, designed for comfort, each unit offers a blend of modern elegance and timeless charm. Private rear shared outdoor space perfect for entertaining or relaxing Units Features - Spacious floor plans bathed in natural light, Gourmet kitchens equipped with state-of-the-art Samsung appliances and sleek countertops, and luxurious bathrooms boasting spa-like amenities with exquisite finishes Current rent roll 2bd/2ba $1943 3bd/2ba $2500 Studio $1270 Studio $1270 2bd/1ba Projected $1850 $106,000 NOI $91,000 Cap Rate 6.6% Tenant responsible for all utilities Low operating expenses - Approved Tax abatement with brand new mechanical systems.
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| Location |
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| Details |
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Parking - Paved Parking, Driveway
Basement - Stone
Exterior Features - Masonry
Heating - Central, Electric
Hot Water - Electric
Sewer - Public Sewer
Water - Public
Additional Utilities - Electric Available
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