15-17 Wall Street, Auburn

Description

INVESTORS WANTED!! With ZERO utility expenses and minimal overhead, these properties generate a strong cash-flow presence, and nothing but potential! With the offering of 2 single family homes on 1 parcel, the potential is limitless. 15 Wall St offers 4 beds and 1.5 bath with generously sized bedrooms and in-unit laundry, while 17 wall offers 3 beds, 1 bath, an enclosed back entry with in unit laundry!

With a current NOI of approximately $17,908, delivering a strong ~11.9% cap rate, the value is already present! The long-term tenants provide reliable income, while current rents offer clear value-add potential for future increases.

This property is available to be purchased as part of a bundle with 13 Wall St, MLS#S1674966, at an asking price of $220,000.00. Portfolio highlights include a combined NOI: $30,500+, portfolio cap rate of ~13.7%, strong tenant history and occupancy, mix of duplex + single-family assets, ample off-street parking and yard space and close proximity to downtown!

Whether you’re looking to expand your portfolio or secure a high-yield, stable investment, this package delivers both immediate returns and future growth potential.