Unit Breakdown: • 6 units in total: • 2 x 1-bedroom, 1-bath units • 4 x 2-bedroom, 1-bath units • Each unit has its own exterior entrance and an off-street parking space. Construction: • Built in 1962 • Constructed of brick • Amenities: • Kitchens with stove, refrigerator, and dishwashers in 2-bedroom units only • A mix of vinyl flooring, tile, and carpeting • On-site laundry facilities • Sprinkler system • Tankless hot water heater • Boiler replaced in 2024 • Unit 2 was recently Mitigated (March 2025) due to water intrusion Parking: • Parking off street for tenants. Occupancy • The property is fully occupied, with leases expiring in March 2026. Condition & Potential: • The property is being sold as-is. • Some improvements and maintenance may be needed, but with proper updates, rents could be increased. • Location & Market Conditions: • Situated in a growing area of Westminster, benefiting from continued net migration and large companies moving in. • Close proximity to schools, public transportation, highway access, and other amenities. This property offers a solid investment opportunity, particularly if you're interested in improving the units and increasing rental income. The location is prime, given the growth in Westminster and the area's ongoing development.
