Multi on Magnoila!! This Multi-Family Residence consists of 4 Total Units. A 1 Bedroom Unit and three 2 Bedroom Units make up this income producing property. Ideally located approximately 1 Block to the Beach & Boardwalk on Magnolia, these units offer convenient access to the islands World Renowned attractions. The island comes alive in the Summer Season and a multi-family property is a highly desirable investment due to the massive demand for housing amongst seasonal workers and international students alike. Currently there is No Heat so this building is best suited for Summer Rentals whether they be Weekly, Monthly or Seasonally. Based on the size & location, the income producing potential is clearly apparent. Addtitional, there is NEW Roof in the back of the property & 2 Outdoor Showers. Buyers side commission is 3% - $150.
This listing is provided courtesy by SHORE POINTS REALTY
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