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Description
2121 W. 11th Street is a classic 54-unit, four-story multifamily property offering a rare investment opportunity. It sits on a high-visibility corner lot, offering a diverse unit mix of 9 studios, 25 executive studios, and 20 one-bedroom units, catering to a broad tenant base. This architecturally distinct 1924-built property blends historic charm with modern upgrades, featuring a restored lobby, two private courtyards, and a swimming pool— amenities rarely found in the area. There is controlled access entry for enhanced security and privacy. On-site laundry facilities generate additional income that can deliver a higher return with self-management. Separately metered for electricity, reducing ownership expenses. Recent capital improvements, including a new elevator, upgraded plumbing systems, and renovated common areas make this asset well-positioned for further interior enhancements to maximize rental revenue.
Additional charges may apply:
-Rent: $1475
-Minimum Effective Rent: $1475
2121 W. 11th Street is a classic 54-unit, four-story multifamily property offering a rare investment opportunity. It sits on a high-visibility corner lot, offering a diverse unit mix of 9 studios, 25 executive studios, and 20 one-bedroom units, catering to a broad tenant base. This architecturally distinct 1924-built property blends historic charm with modern upgrades, featuring a restored lobby, two private courtyards, and a swimming pool— amenities rarely found in the area. There is controlled access entry for enhanced security and privacy. On-site laundry facilities generate additional income that can deliver a higher return with self-management. Separately metered for electricity, reducing ownership expenses. Recent capital improvements, including a new elevator, upgraded plumbing systems, and renovated common areas make this asset well-positioned for further interior enhancements to maximize rental revenue.
Additional charges may apply:
-Rent: $1475
-Minimum Effective Rent: $1475
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