Iconic Investments is pleased to announce the sale of Alcott Apartments.
Sale Price of $1.5 Million
$250k* Per Unit
12.42 GRM | 4.52% Cap Rate
Significant Deferred Maintenance
1 Non-Confirming Unit
Listed and Sold by Iconic
6107 Alcott Street was constructed in 1928 as a 6-unit apartment building, however in 1930 the original owners elected to combine the two units over the garages making one larger unit. The property currently operates as six units but is legally five. Unit mix is comprised of four 1 bedroom and two studio units.
