Amazing opportunity, at the current list price it works ideally as an investment to buy and hold(65 beds) or just to purchase for the land(MR-25 zoning) for a development site. Solid building with terrazzo floors in halls & stairs. 80% of windows have been replaced, bathroom fans include moisture sensors. Leases in place, fully rented. Highly desirable with the majority of the units being 3 bedroom units. (buildings located this close to the University are usually 5 bedroom units) Building has never been vacant. Turn key operation. Building is in good condition & all units & common areas are well maintained. Located in the heart of the University area, less than a 3 minute walk to school. This location has all the amenities that students and parents are looking for. Very rare to find a property of this size, ready for development(without having to try and assemble multiple properties to get this size).
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