Description
Introducing 335 21st Street, a prime multi-family property offering exceptional income potential with a high rent roll and a solid 6% cap rate. This income-producing asset features a rear duplex, maximizing rental opportunities on a generous 25×100 lot. With 2,204 sq ft of unused FAR, there’s significant value-add potential, making it perfect for future condo development or expansion. Situated in a rapidly growing area, this property benefits from low taxes, enhancing overall returns. The high cap rate, combined with value-add opportunities, ensures strong cash flow both now and in the future. Don’t miss this rare investment with tremendous upside and development possibilities!
Listing courtesy of Compass
Property Details
- Multi Family
Amenities
- Breakfast Bar, Built In Features, High Ceilings, Recessed Lighting
- Pets: Building No, No
- Private Entrance, Private Outdoor Space Over60 Sqft, Private Yard
- Terrace, Wrap Around
