2396 W. 42nd is a charming art-deco house with2bd/1.5ba carriage house. The carriage house presents itself as the perfect opportunity for an investor to own 3units and live in one. The property is located on the north edge of LoHi, making it walkable to trendy shops and restaurants while making it highly accessible to major highways. The asset features an attractive unit mix that consists of two 2bd/1ba and one 2bd/1.5 carriage house. The property has plenty of value-add opportunity, as currently the rents are well below market in addition to the opportunity to renovate and capture even greater rents. The property boasts 2 yards, one being a private yard to the carriage house. There is common area laundry in the front house and the carriage house has it's own laundry.
Offered By
Matthew Lewallen, NorthPeak Commercial Advisors, LLC