Property Details

Overview

12.4% Cap. Rate. w/room for growth. Upgraded/modern Electric and Plumbing (with heat-taped pipes below flooring and insulated skirting) All baseboard heating units and hot water tanks replaced in 2022. New windows and doors. Stoves and Refrigerators new in 2022. New main sewer line to street. Insulated exterior and interior walls. Private decks for each unit. Modern & Semi modern kitchens and bathrooms (upgraded in 2021). Each unit consists of 4 total rooms; Eat-in-Kitchen, Livingroom, 2 bedrooms and 1.5 bathrooms. Modern flooring. Huge attic (11’ ceiling at center) that can be finished with two additional rooms. Great tenants with below market rents. Quite street. Ample parking. Community pool and lake membership available. Loch Sheldrake is experiencing a great deal of development and interest with numerous new residential and commercial projects. One of the last affordable communities and prime area for appreciation