Standardized Operating Procedure of Purchase

Welcome to 144 Bank Street, the ultimate “investor special” priced aggressively and positioned for a massive return on investment. This prime multi-family opportunity offers an exceptional value-add prospect with the heavy lifting already done. Major capital expenditures have recently been completed, including a new roof installed in 2015, alongside two brand-new furnaces and two new water heaters just added in 2024. The building also features select newer windows and partial plumbing updates. With all current tenants on month-to-month leases, the new owner has maximum flexibility to immediately renovate units and bring rents up to current market rates. This property simply needs some TLC and cosmetic upgrading to fully maximize its cash-flow potential, making it a highly lucrative addition to any investment portfolio. There are no delayed negotiations—all offers will be reviewed as they are received, so don’t wait!