Property Description

25-27 Marney Street, a 6.43% CAP RATE on current income, is a three-story multi-family building, contains a total of six units, and is comprised of (3) 4-Bed/1-Bath units and (3) 3-Bed/1-Bath units. The Property has undergone extensive renovations since acquisition, offering a turnkey investment with condo-quality upgrades throughout. Units feature newer kitchens with white quartz countertops, modern cabinets, and stainless-steel appliances, including gas stoves and dishwashers, hardwood floors throughout, newer bathrooms, in-unit washers and dryers (in select units), forced hot-air as well as central air conditioning. Each of the units are separately metered for gas heat, hot water and electric. There is 1 tandem off-street parking space, and an on-site laundry facility for those who do not have in-unit laundry. 25-27 Marney Street offers the opportunity to acquire a fully leased, turnkey investment Property with upside in an exceptional, urban-infill location.