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Incredible opportunity to own 15 units with potential to value add a 16th unit in one of the buildings close to downtown and the Capital for just under 1M! Nine units are 2B/1BA and the remaining six are 1BD/1BA. Priced at a 8.77% cap with potential to increase rents to fair market value and reach a 10.51% cap and 18.76% cash on cash return. Walking distance to bus stop, street parking is never an issue, and the property includes ample parking in the back. All ROPs up to date.

Property Details of 16-22 Trinity Place, Unit 15

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Listed by Samantha M Curry of New Scotland Realty
 "Based on information submitted to NY_GCAR_FLEX as of May 17, 2022 10:08 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."
 
 

 

 

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