$4,650,000

109 Oxford St consists of a three-story brick building with 12 residential units consisting of (11) 2-Bedroom/1-Bathroom units and 1 Studio unit. The Property also features an on-site laundry facility and 14 parking spaces. 109 Oxford has been well-maintained throughout ownership. The building’s roof and windows have been replaced as well as new electrical panels for several units. A number of apartments have been updated, including new appliances, re-finished hardwood flooring (most units feature hardwood floors), new carpeting and fresh paint. 109 Oxford Street offers the ability to add value to a well-maintained building. In place rents are below market and the opportunity exists to drive rental rates through programmatic upgrades to the unrenovated unit interiors. Additionally, there is potential to increase the bedroom count by converting the studio unit into a 1-bed or 2-bed unit by combining the current unit with the on-site laundry facilities.