Description
Newly renovated 7 unit boutique downtown apartment building exuding an abundance of charm! Absolutely perfect location surrounded by redevelopment and a short walk to Boulder Creek and Pearl Street. This property features a historic 4 bedroom front house with amazing outdoor space, as well as a courtyard centered 6 unit apartment building consisting of three 1 bedroom units and 3 studio units. Every unit including the main house has been thoughtfully renovated with high end finishes attracting long-term residents. These units truly rent themselves! Major building systems have been replaced as well. Professionally managed and meticulously maintained. Rents in 2023 are projected to increase 10% so there is still value to be added! Management company to offer 1 year of free management to Buyer.
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10BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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4,314SQFT
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$765$/SQFT
School Information
Description
Newly renovated 7 unit boutique downtown apartment building exuding an abundance of charm! Absolutely perfect location surrounded by redevelopment and a short walk to Boulder Creek and Pearl Street. This property features a historic 4 bedroom front house with amazing outdoor space, as well as a courtyard centered 6 unit apartment building consisting of three 1 bedroom units and 3 studio units. Every unit including the main house has been thoughtfully renovated with high end finishes attracting long-term residents. These units truly rent themselves! Major building systems have been replaced as well. Professionally managed and meticulously maintained. Rents in 2023 are projected to increase 10% so there is still value to be added! Management company to offer 1 year of free management to Buyer.
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