47 Carroll Street

Sale Price: $3,950,000

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Carrol Street Portfolio: 19 Properties: 40 Apartments, 3 Single Family Homes, 113 Beds
10.5% Cap
Owner financing possible with qualified buyer, 25% down
List price $3,950,000 (must be sold as a portfolio)
Turn-Key Investment Opportunity with low vacancy rate
Management & maintenance personnel in place & available to new owner
Located Largely in City Core
High side of market rent
Some redevelopment opportunity
Family owned and maintained for 20 years
Most Units have a Washer and Dryer
Updated or modernized Kitchens with Appliances and Baths
All units well insulated
New insulated windows & high-efficiency furnaces, newer boilers
Nearly all units are separately metered
Most buildings have newer roofs
Mix of college, workforce and section 8 housing
Includes four parking lots in city core near properties