320 E. Hyde was built in 1958 and is a two story walk up style building that consists of 7 one bedroom, one bath units and 4 two bedroom, one bath units. Two of the 2 bedroom units are at the front and two of the 2 bedroom units are at the back of the building with the 7 one bedroom units located in the middle of the building. The units are very well laid out with a large living room, dining area and kitchen. There are 4 garages at the front of the property with 4 open parking spaces in front of the four garages, 2 tuck under parking spaces under the back side of the building and 6 carport parking spaces at the rear of the property. The 4 two bedroom units will each get a garage and the open space behind the garage. There is a laundry room at the rear of the property. The building is in terrible condition and needs a major rehab inside and out. The purchase price reflects the fact that the asset has substantial deferred maintenance. The interior and exterior rehab of the building will transform the building into a building which should bring the best and most qualified tenants to our asset. The rehab of the building is discussed in detail below.
Property Status :