Rare opportunity to acquire a high-performing, cash-flowing asset in the heart of Main South neighborhood near Clark University. Featuring a 17 bedroom lodging-style property generating strong in-place income, making it an ideal addition to any investor’s portfolio. The property offers a diversified rent roll with consistent demand driven by its prime location, access to public transportation, and proximity to local universities, employers, and amenities. Current operations provide immediate cash flow, with additional upside through rent optimization and improved management efficiencies. Situated on an oversized lot, this asset presents compelling future development potential, including the possibility to expand, add additional units, or explore condo conversion (buyer to perform due diligence). The combination of strong existing income and long-term redevelopment optionality makes this a unique offering in today’s market.
10,450 Sq Ft
0.68 Private Acres Losgröße
investition
1.380 $ Monatliche Steuer
Integriert 1896
MLS/Listing-ID 73514871
3 Geschichten
17 Einheiten
Brick Mortar
Betonumrandung
Stone
Hartholz
Construction - Frame
Community - Park
Community - Public Transportation
Community - Shopping
Community - Public School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Highway Access
Waschmaschinenanschluss
Public Water
Veranda
Parking - Common
Parking - Off Street
Parking - Paved
Parking - Shared Driveway
Lot - Additional Land Available
Lot - Corner Lot
Lot - Gentle Sloping
Anschluss für elektrischen Trockner
Public Sewer
Community - Walk/Jog Trails
Community - University
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