Unit Information
39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
- Additional Details
- Status: ACT
- Type: Multi-Family, 5+ Family - 5+ Units Side by Side
- Zip Code: 01902
- Levels: 3
- Rooms and Dimensions
- Total Units: 23
- Total Floors: 3
- Total Rooms: 74
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$4,850,000
- Listing ID: 73340893
- Bedrooms: 31
- Full Baths: 23
- Living Area: 16,052 sqft Convert
- Lot Size: 6,098 sqft Convert
- Acres: 0.14
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