111 C Street

This investment offering provides the opportunity to acquire a value-add 2-property, 6-unit property in the highly coveted Avenues. 111 C is a 5-unit property built in 1901. It is 3,130 SF. The units are all 1BD/1BA units, but each unit has a bonus room that can be used as an office, nursery, etc. They are therefore almost two-bedroom units. Unit 4 was recently renovated, and the exterior of the property is being renovated with new paint and wood fascia repairs.   117 C St shares the parking lot with 111 C and is a 3BD/1BA single family home. It was built in 1871 and is 1,379 SF. The total asking price of the 6-unit Avenues property is $1,575,000. The sellers are willing to finance the property. Terms are negotiable, but they would consider an offer that is 20% down, 5% interest rate and no longer than 5-year term.