MANSIONS AT TROUP STREET!!!!! This landmark, historic, multifamily property, located in the heart of Historic Corn Hill consists of 20 completely gut renovated units! The renovation was completed at the end of 2020. Two studio apartments, Fourteen 1 bedroom apartments, Four 2 bedroom apartments. Condo level finishes such as.....stainless steal appliances, washers/dryers in units, dishwashers, microwaves, gas stoves, natural (kitchen, bath, dryer) ventilation, touchless sink garbage disposals, fridge ice makers, intercom/videocom, white oak natural hardwood floors, Fujitsu and Mitsubishi state of the art heating/cooling systems, marble tile baths, ENVI bath heaters and much more. All mechanicals (plumbing, electrical, heating/cooling) are brand new. All brand new high grade Marvin-Integrity windows. All separate electric and gas meters. You will have no Capex for years to come, just basic maintenance. 100% leased. 7.5% cap rate, $245,250 NOI.
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