124 N Franklin Street
Property Description
Rarely do you find a 2-flat with this much size, income, and upside all in one package!! Located right next to James Madison Park, this 8-bedroom property is already generating over $7,100month with potential to push rents beyond $8,200month. The oversized units, off-street parking, unbeatable location, and classic charm make these apartments incredibly easy to rent year after year. Well maintained with a newer boiler already installed, this is the kind of investment property that checks every box!! Strong cash flow today with even more room to grow tomorrow. Even better, this property is part of the 120-126 N Franklin st Portfolio. A rare side-by-side 27 bedroom opportunity at an attractive price offering significant development potential..
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $900,000 |
| No. of Units: | 2 |
| Year Built: | 1882 |
| Opportunity Zone: | No |
| Price per unit: | $450,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 3 |
ID: 3yd-SCWMLSWI-2023681
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