136 & 137 59th Street North
23 units - 3 buildings - Portfolio Sale
Marketing description
23-Unit Value-Add Multi-Family | Strong Occupancy - NO SELLER FINANCING!!
Well-maintained 23-unit portfolio across three buildings (10-unit, 9-unit, and a quadruplex) with only 2 current vacancies. Unit mix includes twenty-two 2BR/1BA units and one 3BR/2BA unit. Recent upgrades include new roofs (2020), updated flooring, and added washer/dryer connections in all units.
Each unit features light-filled, open-concept living and dining areas, spacious kitchens, and generously sized bedrooms with ample closet space. Property is equipped with central HVAC, with ownership transitioning to window units as needed for efficiency and replacement flexibility.
Excellent opportunity for investors seeking stable cash flow with light value-add potential.
Investment highlights
3 buildings (One 10-unit, one 9 unit and one quadruplex)
23-units total - currently 2 vacancies
22 units are 2 bed 1 bath & 1 unit is 3 bed / 2 bath
Seller will consider Seller Financing - 25% down and 10% interest (non-negotiable)
Roofs were replaced in 2020, flooring updated and washer/dryer connections added to all units. Central HVAC - however owner switching to window units as needed as the older type of central HVAC is no longer available to purchase. All 3 buildings showcase light filled open concept living/dining rooms with spacious kitchens, generous sized bedrooms with ample closet space and washer/dryer hook-ups in all units.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
