Description
AS IS SALE. The buyer earns the right to cash flow, equity growth and tax benefits. This property has to be purchased with 2922 Frankford Ave and 2924-26 Frankford Ave as all three properties are connected on the basement and first floor levels. Currently the basement and first floor levels for these three properties are being used as storage, office and workshop space. 2928 Frankford Ave has 5 rented apartments in it bringing in $3,035 / month gross. Rents are $825 / month, $510 / month, $565 / month, $565 / month and $570 / month. Value add, investor special. For economies of scale & optimal density these properties can be purchased with 3403 Frankford Ave, 3405 Frankford Ave, 3551 Kensington Ave, 3553 Kensington Ave, 1909 E Ontario St & 1911 E Cambria St as a package deal for $1,890,000 total.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
Description
AS IS SALE. The buyer earns the right to cash flow, equity growth and tax benefits. This property has to be purchased with 2922 Frankford Ave and 2924-26 Frankford Ave as all three properties are connected on the basement and first floor levels. Currently the basement and first floor levels for these three properties are being used as storage, office and workshop space. 2928 Frankford Ave has 5 rented apartments in it bringing in $3,035 / month gross. Rents are $825 / month, $510 / month, $565 / month, $565 / month and $570 / month. Value add, investor special. For economies of scale & optimal density these properties can be purchased with 3403 Frankford Ave, 3405 Frankford Ave, 3551 Kensington Ave, 3553 Kensington Ave, 1909 E Ontario St & 1911 E Cambria St as a package deal for $1,890,000 total.
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