Interra Realty is pleased to present for sale the property located at 447 E. 82nd St. The subject investment property is a 12 unit, walk-up style, multifamily asset in the historic Chatham neighborhood. The property is comprised entirely of one bedroom apartments.

Apartments feature expansive layouts with both formal living and dining rooms. Each unit features individual heat, provided through a combination of gas forced air and baseboard hot water heat.

A new investor has the opportunity to acquire an almost fully occupied property with an further upside remaining in the rent roll. Through capturing market rents, potential investors have the ability to achieve a 10%+ cap rate.