2511 & 2517 O Street

Midtown

 

2511 & 2517 O Street

Region: Midtown
Use: Multifamily
Lease or Sale: Sale
Building Size: ±6,420 SF
Sale Price: $2,400,000

2511 & 2517 O Street is a contiguous set of well maintained Victorian two-story mid-rise buildings comprised of two 1-bedroom and 1-bathroom, four 2-bedroom and 1-bathroom, and one 3-bedroom and 1-bathroom units. The project has been remodeled and modernized over the years, with a restored staircase and fresh paint throughout. The properties are complimented by detailed landscaping, community washer/dryers, and eight alley side parking spaces.

2511 & 2517 O Street is being offered at a price of $2,400,000 based on an in-place* net operating income of $90,368 inclusive of pro-forma property taxes. It should be noted that ownership is refurbishing apartments upon vacancy.

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