121 E Maple Avenue $400,000

If you are looking for an investment property with turn of the century charm and positive cash flow, then you need to take a closer look at this property. All of the mechanical systems have been recently replaced with modern HVAC, fire safety systems and all new plumbing. The wrap around deck has been replaced by modern composite decking. Every apartment has two exits for increased safety and the common areas and exits are all monitored by security cameras. All of the kitchens have been updated too. There is off street parking for up to eight cars. This large property also has an exterior storage unit, a laundry room and three outside showers to wash off the sand after a fun day at the beach. This building has generated $75,000 in rental income from May to September. Just imagine the potential with year round tenants.

This listing is provided courtesy of eXp REALTY - WC