Welcome to a prime real estate opportunity in the heart of a bustling and regentrifying neighborhood! Presenting an exceptional ALTADORE concrete-constructed 8-PLEX, situated on an expansive 75' x 125' lot spanning 3 INNER-CITY LOTS. Can be combined with 2 lots next door (MLS A2107092) for a TOTAL OF 5 CITY LOTS and 125 FOOT FRONTAGE. Nestled on a peaceful dead-end street, this property boasts a solid structure and meticulous maintenance.This well-established 8-PLEX, offered for the first time, stands as a testament to quality construction and enduring appeal. With executive homeowners as neighbors, this multi-family gem is strategically located just 3 blocks from Marda Loop's main commercial corridor of Richmond Road, offering a perfect blend of tranquility and accessibility.
Featuring a thoughtful layout, the property comprises 3 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Seven of the units provide the luxury of private balconies, allowing residents to unwind amidst a serene environment. Long-term, contented tenants attest to the desirability and satisfaction this property offers.
For the convenience of residents, there are 8 paved off-street parking spots at the rear of the property, ensuring hassle-free parking in this high-demand area. A communal coin-operated washer and dryer provide practicality, and there's ample space in each unit for those who prefer to install in-unit laundry.
This 8-PLEX sits in a marquis neighborhood that is currently undergoing a revitalization, making it an attractive buy and hold investment. Whether you're a seasoned investor or a savvy homeowner seeking an income-generating property, this is an opportunity not to be missed. Embrace the potential of this concrete-constructed gem in a location that combines the charm of a quiet dead-end street with the vibrancy of a rapidly regentrifying area. Secure your stake in this executive enclave - a wise investment for the discerning buyer!