Property Description for 602 Eagle Ave
Amazing investment opportunity - 7% projected cap rate at market rents.
The two family home with parking is set up as a three-bedroom 1.5 bath duplex with backyard access, over a 2 bedroom 1 bath unit on the ground floor. Separate gas and electric meters for both units. W/D hookup in the 3 bedroom unit. Walking distance to the 2, 5, & 6 trains as well as multiple bus line, shops and supermarkets, and right down the street from St. Mary's Park.
Please note the building will be sold occupied with tenants who have been renting the home on a month-to-month basis (no current leases in place, good standing and rental history).
Ask about available loan programs below 5% available for qualified buyers!
Photos are virtually staged.
Building Size: 2280SF
Building Dimensions: 20 x 38
Lot Size: 20 x 100
Built 2001