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Rare opportunity to own GREAT Multi-Family property located in highly desirable area with private beach at the end of the street. 4 - 2 bedroom apartments with major renovations to include new kitchens, new ceramic tile and high grade hardwood floors. Stainless Steel Appliances, $30,000 worth of high efficiency windows throughout and new high efficiency furnace just replaced. Off-street parking and with room to put an addition garage to create additional income and the property is professionally landscaped. There has been no vacancies in over a decade and attracts tenants because of its great location to the beach. 6% CAP Rate with EXCELLENT rental history which includes coin-op washer and dryer and great tenant history.

Property Details of 796 State

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Listed by Jack Feiter and Cindy Feiter of LAER Realty Partners / Rose Homes & Real Estate

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