320 Woodlawn Ave
- Freestanding multifamily building
- Historic character and architectural appeal
- Built in 1861
- Ideal for value-add investment strategies
- Strong owner-operator potential
- Standalone configuration for easier management
- Residential layout suited to apartment use
- Opportunity for unit modernization
- Distinctive curb presence
- Appealing long-term hold asset
Property Description
320 Woodlawn Ave is a freestanding multifamily property offering investors an attractive value-add opportunity with historic character and long-term positioning. Built in 1861, the building combines classic architecture with the flexibility today’s apartment investors seek. Its standalone configuration provides operational simplicity and privacy, while the property’s traditional residential layout supports a range of rental strategies. With strong curb presence and a recognizable historic profile, this asset is well suited for an owner seeking to enhance performance through thoughtful upgrades, improved unit appeal, and disciplined management. Attention Investors! 5 unit FULLY OCCUPIED building located in the Historic Putnam area and also in a federally designated opportunity zone! Several recent updates include a newer composition roof, exterior staining and painting and tuckpointing the brick exterior and chimneys! Updated electrical panel, numerous electrical updates throughout! Newer water heater, refurbished boiler system, window & wall A/C units. Current owners have made significant improvements to improve income & expense efficiency!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $299,900 |
| No. of Units: | 5 |
| Year Built: | 1920 |
| Lot Size: | 0.35 Acres |
| Opportunity Zone: | No |
| Price per unit: | $59,980 |
| Property Website | Click Here |
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