2096 Seneca
Investment Opportunity. 6 unit building, fully updated from the studs. 2 commercial, 4 residential
Marketing description
MUST-SEE investment opportunity! Two vacant storefronts that can be rented out for an estimated $1,500 each. Four beautiful 1 bedroom apartments, all modern and recently updated with great tenants. Recent updates include: Roof, windows, apartments, granite countertops, cabinets doors, and molding. Plumbing, HVAC, Electrical have all been updated within the last 10 years. All units have central air. Negotiations begin Thursday February 5th at 3:00pm. With both storefronts rented out, the projected annual gross revenue is $57,900 with a projected cap rate of 7.5%. Estimated operating expense sheet available upon request. Photos of retail spaces will be forthcoming. This is a fantastic opportunity to invest in a mixed use building right in the heart of Seneca's vibrant business and shopping district.
Investment highlights
4 apartments, $900-950 in rent for each apartment. Storefronts should rent out for $1,500/month each. Located right in the middle of the Seneca shopping district.
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