Built in 1929, the Monterey apartments offers classic brick construction with old world charm and beautiful hardwood floors. Zoned NC2P– 55 (m) the Monterey Apartments offers the ability to convert the 2 street level apartments into either office space or retail space. The building has a large storage area and laundry room which could be reconfigured to add a unit. In addition to converting the ground units to either retail or office space the Monterey offers additional upside by increasing rents to market levels or renovating units to today’s standards for even higher returns. This investment is a great opportunity for a prospective investor to own a classic brick building in an A+ location.