$2,649,000

120 President is a fully licensed, permitted, and sprinkled short term rental, located in the short term rental overlay (zoned general business). This property consists of a total 8 bedrooms and 4 bathrooms, broken down into (4) 2 bedroom, 1 bathroom apartments. It has the versatility to rent the (4) 2 bedroom units to smaller groups, while attracting the larger groups as an 8 bedroom complex. All units were updated in 2021 with new bathrooms, kitchen counters/hardware, paint, wallpaper, finishings, and professionally curated furniture. Each unit has a separate TMS address, giving a new owner the ability to sell them separately as condos in the future. The property has off-street parking, as well as a transferable lease with 4 additional spaces in the adjacent lot. All furniture to convey.Property has 5 electric meters and 5 water meters. One meter for each unit, and one house meter.