1-4 Schrepel Pl & 550 E 3rd Street are comprised of 15 units. 550 East 3rd Street was newly constructed in 2000, and contains 2 2BR units and 1 large open 1BR with potential conversion to 2BR. 1-4 Schrepel place was originally constructed in 1920 and recently renovated over the years. The property contains 4 1BRs and 8 2BRs. 1 Schrepel Pl Unit 3 is a 2BR that was opened up for 1BR, however can easily be converted back to 2BR. The property offers 8 off-street parking spots for additional income. Potential parking income based on 8 spots rented at market rent of $350/month. Residential rents are below market with upside potential.