Investment Overview

One Schrepel Pl & 550 E 3rd Street is comprised of 15 units (9 two-bedroom and 6-one bedroom). The properties were originally built in 1920 and 2000, respectively, renovated over the years. The property offers 8 off-street parking spots for additional income. Potential RE Taxes on 70% Assessment of Purchase Price. Potential parking income based on 8 spots rented at market rent of $350/month. Other income from Comcast Easement. Properties are being offered as a two property package as part of a larger 27 Unit portfolio. Email for additional information.

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First drive by the Property and view the exterior. DO NOT speak to the Owner, Owner's representative or Owner's tenants without a UMF Associate present. Especially in the event they are present during your initial drive by. If you are interested in the property after your initial drive by please contact the UMF listing associate to schedule an appointment.

All information furnished regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price,rental or other conditions, prior to sale or lease, or withdrawal without notice. United Multi Family makes no warranty or representation about the content of this brochure. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.