Property Description

Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 9.61% cap rate at the $1,300,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you're an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upside.