Two parcels in one package. Both properties are 100% occupied with upside potential. Terrific cap rate of 6.7% with income from only 3 units in 1723 property. Income can be easily increased to 7+% cap rate with modest rent increases. All units are secured with 1-month security deposit and are mostly on 1-year leases. There are two longer term tenants on month to month. Owner says that laundry could be raised 20% to $1.50/cycle.