Property Description

RARELY AVAILABLE CORNER UNIT IN "THE LEXINGTON" AN HISTORICAL ART DECO BOUTIQUE BUILDING SITUATED JUST FOUR BLOCKS FROM THE BEACH AND WITHIN EASY WALKING DISTANCE TO SHOPS AND RESTAURANTS. THIS IS A BRIGHT AND SPACIOUS STUDIO WITH BEDROOM LOFT SPACE TO KEEP SLEEPING AREA SEPARATED AND BRAND NEW UPGRADED HIGH-IMPACT WINDOWS. THE BUILDING IS VERY WELL MAINTAINED INCLUDING FULLY FUNDED RESERVES, A NEW ROOF (2020) AND HAS SUCCESSFULLY PASSED ITS 40-YEAR RECERTIFICATION INCLUDING CONCRETE RESTORATION OVER THE LAST 10 YEARS. WASHER AND DRYER FACILITIES ARE CONVENIENTLY LOCATED ON EACH FLOOR. THE PROPERTY IS AN INVESTOR'S DREAM FEATURING A RELIABLE TENANT ALREADY IN PLACE.