3542 Oxford Boulevard

Description

Incredible live/work opportunity OR investment. First floor west unit has large open space with separate office, kitchen and breakfast room, and a private basement. Currently rented (1215 sqft rent $1295). Lease expires 4/30/2024 The Second floor unit is completely renovated loft-style apartment (1215 sqft rent $1600). Lease is month to month. The light/bright apartment features very upscale finish with granite and stainless-steel appliances, hardwood floors, loads of built-ins and a double wooden deck off the kitchen. All appliances stay with this apartment, including the downdraft gas range, stainless steel refrigerator and front-loading stack washer/dryer. The first floor east unit (840 sqft rent is $995) was completely renovated with wood like floor, some carpet and original refinished oak paneling on the walls and private basement. Lease expires 6/30/2022. The back yard is fenced and beautifully landscaped. New roof 2015. Parking lot. Cap rate 5.72% now and 6.59% at market rents.