Rent Increases have gone into effect on September 1st, GSI has been substantially increased. Highly desirable 9-unit apartment building located in the heart of Midtown. The property features 8 well maintained spacious one bedroom / one bath units and one Town House style two bedroom / one bath unit. There is a very attractive existing 1st Loan held by Chase Bank that is fixed until July of 2026 at 3.1% interest, monthly payments are $2,990.00. A few select units have been upgraded with new cabinets in kitchens and baths, new granite countertops, new stainless-steel appliances, new wood plank look flooring with new panel interior doors with trim. Property was self-managed by a previous owner who meticulously took care of the property and rented units at levels that were extremely under market. A new owner can continue to increase rents annually. Property is separately metered for Gas and Electricity, with a new complete electrical service installed. Additionally, a wide range of restaurants, shopping, and entertainment options are all in close proximity.