Formerly know as The Springs Resort, 140 Northside Avenue is a well-located multi-unit courtyard style complex in a fantastic location. This 14-unit property consists of eight cottages, two duplexes and one fourplex. The unit mix includes two studios, six one-bedrooms, five two-bedrooms and one three-bedroom. Twelve of the units feature private yards, and all residents can enjoy a large central common area. This offering is composed of 4 different parcels with their own APN numbers, which allows for loan flexibility for an investor or family compound. The units are separately metered for gas and electricity, and have separate water heaters. For the resident’s convenience, a coin-operated laundry room is located onsite. Built in the 1920s, its long term owners have kept the property well maintained. Easy to manage, this property is ideal for the investor, as well as owner/user, seeking upside potential or opportunities for multi-generational housing.
