Property Description

120-126 Felton St consists of a three-story building with six (6) residential units consisting of one (1), 2-Bedroom/1-Bathroom unit and five (5), 1-Bedroom/1-Bathroom units. Since it was acquired in 2023, current ownership has completed an extensive renovation of the property including new kitchens and bathrooms in all units, new LVP flooring, in-unit laundry, replaced all windows and doors, new roof, new siding, new hot water tanks as well as a new electrical service and added ductless mini splits to all units. The units are separately metered for electricity, electric heat, and electric hot water, which are paid directly by the tenants, with Landlord responsible for common area electric and domestic water and sewer. 120-126 Felton Street offers the opportunity to acquire a fully leased investment Property in an exceptional, urban-infill location. The Property is ideal for a potential buyer looking for income growth and strong investment returns.