EXIT Realty HGM
Listed by EXIT Realty HGM
$900,000
124 N Franklin Street
Details
APN 0709-133-2126-5
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
Year Built 1882
Acreage 0.080
Zoning DR1
Parking Spaces 4 spaces
Multifamily | 2 Units
Marketing 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 $7,100/month with potential to push rents beyond $8,200/month. 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.
Listing Contacts
EXIT Realty HGM
Listed by EXIT Realty HGM
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