25 Sixth St consists of (6) 2-Bed/1-Bath apartments with efficient 4-room layouts featuring durable exterior components including an updated roof, windows, siding and electrical service, separate electric meters, and individual gas-fired hot water tanks. Interior finishes include wide pine flooring throughout, with ceramic tile or LVP in kitchens. 5 units have updated cabinets with Formica countertops, and two units (B2 and D) offer enlarged bathrooms. The first-floor units have private entries with one unit featuring upgraded finishes with granite countertops, stainless steel appliances, and in-unit laundry. The Property is well-located and well-maintained, with meaningful value-add potential through updates to 5 of the 6 unit interiors. With in-place rents significantly below current market levels, strategic renovations featuring high-quality finishes offer a clear opportunity to capture top-of-market rental rates in this highly desirable, supply-constrained urban infill market.
