This multi-family property at 2401 Berwick Avenue presents a prime investment opportunity for discerning buyers seeking to maximize their return on investment. With a strong rental history and significant potential for increased rental income, this property offers a lucrative avenue for long-term financial growth and wealth accumulation. Enjoy a stable… Read More and consistent income stream with this well-maintained multi-family property. The current tenants provide a reliable source of rental income, ensuring steady cash flow and financial security for the future. This property is an ideal choice for investors looking to secure a dependable and appreciating asset in a thriving market. Situated in a desirable and growing location, this property holds immense potential for value appreciation. With strategic renovations, updated amenities, or rent adjustments, there is ample opportunity to enhance the property's market value and increase rental revenue. The location's strong demand for housing further solidifies the property's ability to deliver sustained profitability and long-term success. Don't miss out on this exceptional investment prospect. Act now to capitalize on the future growth and profitability potential of 2401 Berwick Avenue. Secure your foothold in a competitive market and take the next step toward financial success with this prime multi-family property. Read Less
Courtesy of Onyx Legacy Realty LLC, Mark Allen.
Listing Snapshot
Days Online
19
Last Updated
Property Type
Apartment
Beds
16
Full Baths
16
Lot Size
0.63 Acres
Year Built
1951
MLS Number
20869063
Additional Details
Appliances & Equipment
ElectricCooktop
Building
Built in 1951, Construction materials: Brick, Frame, WoodSiding, Levels: Two, 1 building, 2, Toal building area: 3960
Cooling
WindowUnits
Expenses
Insurance: $20,000
Floors
Vinyl
Heating
Central
Income
Gross income: $165,817, Net operating income: $104,510
Lot
0.627 acres, 27,312 sqft
Parking
24 total parkings, Asphalt
Pool
None
Roof
Composition
Sewer
PublicSewer
Utilities
SewerAvailable, WaterAvailable
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
