The 4,869 SF two-story building sits on a 6,344 SF corner lot, and is comprised of (5) one-bedroom and one bath units and (1) studio unit.These bright and spacious units average over 800 SF, and two units have been remodeled “to the studs”. Additionally, the well-maintained property features an upgraded electrical system, mostly copper plumbing, on-site laundry facility and garage parking for 4 cars with open tandem parking for two cars. 1201 S. Alfred presents a significant value-add opportunity to investors, as current rents are approx. 38%below market value for nicely remodeled units in the area.
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