About this property

Introducing 4334 49th Street, an extremely well-maintained 9-unit multifamily property with strong rental income. This two-story building features a desirable unit mix of one 1-bed/1-bath and eight 2-bed/1-bath units, offering a total of 7,192 rentable square feet. Tenants enjoy private balcony access, enhancing their living experience with outdoor space. The property sits on a generous double lot spanning 7,690 square feet, providing ample space and potential for future development under its CT-2-3 zoning designation and Complete Communities Tier 3, allowing for a 6.5 Floor Area Ratio (FAR). With on-site amenities such as a laundry room and 12 parking spaces, this property is especially appealing to tenants. Located in thriving City Heights, 4334 49th Street offers easy access to shopping, dining, schools, and public transportation, ensuring strong tenant demand and low vacancy rates. Tenants have been given rent increases that begin in March. Rental rates shown are the current rents.

Features and Additional Information