2317 E WESTMORELAND STREET

Rarely offered, fully renovated 4-unit mixed-use property with long-term residential and commercial tenants. This property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income.
Key Investment Highlights:
✔ Strong 8.0% Cap Rate – High-yield, income-producing asset
✔ Tax Abatement – 3 Years Remaining
✔ 100% Occupancy with Cash Flow – Long-term residential & commercial tenants
✔ Turnkey Condition – Low-maintenance, modern construction
✔ High-Demand Location – Steps from Aramingo Ave, I-95, transit, and retail hubs
✔ Quality Upgrades – Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances
✔ Fire & Safety Compliance – Fire alarm monitoring & annual system maintenance
✔ Transferrable Roof Warranty – Added long-term value
This prime investment property offers investors a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange buyers and portfolio investors!
? Location Perks: Close to public transportation, restaurants, big-box retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown.
Don't miss this highly desirable, fully occupied asset
The property generates an annual rent of $80,100 and is separately metered for electric. This property has a lot to offer with streamlined rental payments, secured waste management, and maintenance services. Don't miss out on this income-generating gem!
Serious inquiries only. Prior to confirming ALL showings, Buyers must provide Pre-approval, POF or Bank Statement(s). Once received and verified, Broker will confirm.