For Sale
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TURNKEY CASH COW with $32,190 monthly rent roll and 9%+ cap rate! 100% occupied! 3-6 Witherbee Terrace is a 4 building portfolio comprising of 13 adjacent units on a dead end street. All occupying tenants are rent subsidized by various housing authority programs. Extensive improvements and renovations have been made to the property, and the majority of units and common areas have seen major improvements. Witherbee Terrace has 4 buildings on it, and this is your opportunity to own an entire street! 3 Witherbee is four large studios, 4 Witherbee is two 2-bedrooms and one large studio, 5 Witherbee is a 4-bedroom single family and 6 Witherbee is four studios and a 2-bedroom. A common dumpster serves all tenants. Professional property management is in place.
Disclosures: 2 way audio-video recording device on premise. Lead certificates in hand for some units. Listing agent is also the property manager and authorized signatory of owner on some tenant leases. Due diligence required.
Directions: Witherbee Street to Witherbee Terrace
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