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City approvals for 48 apartments and an onsite maintenance office containing 23 - 1 bedroom units , 13- 2 bedroom units , and 12 - 2 story lofted 2 bedroom units. Over a acre of land with almost 100 parking spaces . Phase 1, 21e done and clear .Inside environmental report done and Inside asbestos has been removed and cleared . Only item to be addressed is asbestos left is on some exterior windows which buyer would do at the same time as changing the windows ( estimate in place under 50K) Building has been cleared out and is frame ready without having to change any loadbearing walls which saves tons of money . 3 phase on street which makes it perfect for solar .Property even comes with building construction plans done ( plumbing, hvac, and electric can be done as design build and not included in plans) and site plan approval (150k value) Building projected to gross just under 1m a year in rents . Permit ready be complete before the train ! Time to invest is now !! See Attachments
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Listing provided by Michael Amaral, Amaral & Associates RE
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