Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you’re expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.
3,360 Sq Ft
0.24 Private Acres Lot Size
investment
Built in 1977
MLS/Listing ID PW26014420
1 Stories
7 Units
Community - Sidewalks
Water Heater
Gas Oven
Parking - Uncovered
Cooling - Central Air
Parking - Assigned
TOTAL MONTHLY COST
$0
$0
$0