Amidst the noise of high inventory, plummeting sales, and less than ideal cap rates, we took action. Introducing 3650 and 3656 E 2nd: strategically priced to move swiftly in a challenging market. Because in times of uncertainty, knowing the market inside out makes all the difference.
SALE Learn More: https://lnkd.in/gDfb48Y2
IMAGE: Caleb Baldwin & Juan Huizar
DATE: 05/08/2024
ADDRESS: 3650 East 2nd Street
MARKET: Long Beach
ASSET TYPE: Multifamily
BROKERS: Caleb Baldwin & Juan Huizar - Sage Real Estate
SALE PRICE: $3,150,000
UNITS: 12 ~ PPU: $262,500
SF: 7,581 ~ PPSF: $416
NOTE: A garden-style building with 12 one-bedroom units in Long Beach was sold for $3,150,000, reflecting a per unit price of $262,500 and a price per square foot of $416. The property, known as "The Euclid," offers a diverse layout with convenient amenities including storage facilities and garages, situated in the desirable rental district of Belmont Heights near the beach and popular dining spots on 2nd Street and Broadway, presenting an attractive investment opportunity in this vibrant coastal community.
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Imagine waking up to stunning waterfront views every day! If you're dreaming of living next to the water, look no further, RK Real Estate our team specializes in waterfront properties and is here to assist you every step of the way. Reach out to us today to turn your waterfront living dreams into reality!
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Unlock the secrets behind successful real estate decisions! 📍 Join us in our latest video as we delve into 'The Importance of Location in Real Estate.' Discover why location isn't just a detail, it's a game-changer! 🏡🌐
Sell 207 | Your Midcoast Maine Waterfront Real Estate Specialists
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