Turn-Key Income Producing Property. Sale includes 89, 87, and 85 NW Irwin Avenue. 89 NW Irwin is a 2-story, 8-unit Apartment Building with 8 1-bedroom/1-bathroom units. 87 NW Irwin is a 3-bedroom/2-bathroom SFR, and 85 NW Irwin is a duplex with each unit having 2-bedrooms and 1-bathroom. Entire complex has recently been renovated and is now fully occupied and producing consistent monthly income. Building is currently operating at a 7.4% Cap rate based on asking price, but there is potential for improvement!
Listing courtesy of Engel & Voelkers Melb. Central.