580 Bay Street consists of a three-story building containing six (6) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom units with 4,449 square feet of living area in 6,470 total gross square feet. Situated on a 0.19-acre corner parcel of land, the property offers ample off-street parking for residents. All units are separately metered for electricity and gas-fired heat and hot water which the tenants pay directly. The Landlord is responsible for common area electric, and domestic water and sewer. All tenants are tenant-at-will. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas, and exterior to drive rental rates.