Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
| Lot Size: | 0.3 Acres |
Financials
Listing Courtesy of MS Realty Group USA, Inc
16 Clinton Place Excellent Investment Opportunity !
Rendering Contemporarymulti-story building featuringextensive glazing, privatebalconies, and a brick facade
Description
16 Clinton Place – Excellent Investment Opportunity! Spacious 4-bedroom, 2-bath Victorian with approximately 2,628 sq. ft., a full basement, and detached garage. Current rents are $1,900/month for Unit 1 and $1,850/month for Unit 2, while current market rents are estimated at approximately $2,200/month for each unit, offering strong upside potential. Currently at only a 4.10% cap rate, with the potential to increase to approximately a 6.5% cap rate through rent growth. Offered exclusively as part of an 8-property assemblage sold as one package. Rare investment/development opportunity—place your offer today!
Amenities
- Back Yard
- First Floor Bedroom
- First Floor Full Bath
- Front Yard
- Landscaped
- Near Public Transit
- Near School
- Neighborhood
- Other
- Sewer Connected
- Shutters
- Sidewalks
- Smoke Detectors
- Trash Collection Public
- Triple Pane Windows
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
