194 Spruce St

Fantastic Investment Opportunity with this Legal 5-Unit Multifamily.
Discover the potential in this well-maintained 5-family property, offering a strong unit mix with two 1-bedroom units (units 2 and 4), two 2-bedroom units (units 1 and 4), and one 3-bedroom unit (unit 3). Built in 1910, this building blends historic character with essential modern updates.
Previously utilized for city supportive housing, the property is compliant with two egresses for every unit, a sprinkler system, and a current Certificate of Compliance (COC) in process to be delivered at closing. Systems and structure have been responsibly maintained, providing a solid foundation for continued rental income or future value-add improvements. “As-is” sale,
Parking in the alley behind the building, public parking on street in front of building. A rare chance to acquire a compliant, income-producing multifamily in a convenient location. Ideal for seasoned investors or those looking to expand their portfolio.