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12,420 ft²
Multifamily
$2,575,000
Sale



ZONING RM3 LEGAL DESCRIPTION Parcel 120173453 TAXES $16,377.72 (2017) SALE PRICE $2,575,000 CURRENT CAP RATE 5.8% YEAR CONSTRUCTED 1968 BUILDING SIZE ±12,420 SF LAND SIZE ±0.3 Acres ( ±13,068 SF) LAND PARTICULARS 18 electrified parking stalls POSSESSION Negotiable


The Space
TypeProperty for sale
AvailableImmediately
Asking Price$2,575,000
Net Operating Income$$149,043

The Building - Prince of Wales Apartments

This extremely well-maintained City Park, 18-unit apartment building has been fully occupied for three consecutive years, and has had a history of long-term tenancy. There have been crucial upgrades in recent years such as the boiler, windows, and balconies. The updated meters and electrified, private parking for each tenant makes this investment one of a kind.


Property TypeMultifamily
Floors3
Building Size12,420 ft²
Lot Size13,068 ft²
ZoningRM3

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