Here’s a great opportunity you don’t see very often. A three unit building, already converted and all the units are available for sale. Gorgeous views from every unit. Wonderful view garden, sheltered from the west wind, toward the view.
445-49 Roosevelt Way. Each unit has parking. The lower unit is a two floor unit which is nicely separated to have guests. The whole building is listed for $$1,644,900.
Here’s how the units are broken up:
Top floor 2 bed, 2 bath, 1 car parking, tenant occupied $629,900
Middle floor 1 bed, 1 bath, 1 car parking, tenant occupied $440,000
Lower floor (two levels) 1+ bed, 1+ bath, 1 car parking, vacant $575,000
Bank owned and on the market for awhile. May be an opportunity! Available by appointment.
February 2011 update:
After quite a bit of time on the market, all three units are in contract.
March 2011 update:
It took some time, but the condos finally closed escrow for a total sale price of $1,049,999 ($594,901 under asking!) Wow, someone sure got a good deal. Broken up they sold as:
Top floor listed for $629,900, sold for $442,333
Middle floor listed for $440,000 sold for $291,333
Lower floor listed for $575,000 sold for $316,333