Multi-Family Excellence * Florida Opportunity Burlington Heights Place Our Offering is for a 4 unit multi-family complex located in a fantastic historic neighborhood known as Kenwood. The site consists of four separate 1 BR 1 BA apartments with a 4 car garage. It has a new Carlisle 60 mil TPO roof on both building and garage. Three units have been completely remodeled and are rented at $1,200 / month. One unit is not remodeled and has a very long term tenant at $950 / month. The main structure is an impressive vintage 1925 stucco building. Each unit has an enclosed front porch with tons of natural light. The rear building was built later in 1940 and as mentioned before is a 4 car garage. This building has the potential of additional revenue streams by making four units and leasing them out for storage. This neighborhood has many garages leased out as storage and demands rents as high as $120.00 per unit. In all sincerity, it does not get any better than this - a charming 4 plex in a historic neighborhood, in a destination city, in a destination state. Location Description: The location is frankly exceptional. The address is on Burlington Avenue on the 2400 block at 2420 Burlington. The property is between 24th and 25th Street North. Burlington is in between 2nd Avenue North and 3rd Avenue North. The site is in the very renowned historic Kenwood Neighborhood. This neighborhood is very special and his known for its 1920's Bungalows and Craftsmen style home. Another unique quality is that this neighborhood borders other great districts and neighborhoods and is within walking distance to the Grand Central Shopping & Dining District, the Warehouse Arts District, and the Edge Dining & Shopping District. Downtown is only 3 minutes away, the interstate is 2 minutes away and 3 major hospitals and two colleges are only 5 minutes away.
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Multi-Family Space
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