Presenting a well-maintained 33-unit multifamily community that combines strong curb appeal, excellent tenant amenities, and consistently above-average occupancy. This property represents a rare opportunity to acquire a stabilized asset with both proven cash flow and continued upside through modernized unit renovations.
Property Highlights
• Unit Mix: 23 spacious two-bedroom apartments and 10 one-bedroom apartments, catering to a broad range of tenant demographics.
• Upgrades: Many units have been completely remodeled, offering modern finishes that attract quality tenants and command premium rents.
• Building Quality: Secure, well-kept building with on-site storage and garage parking available for select units—an attractive amenity that differentiates the property in the marketplace.
• Outdoor Features: Residents enjoy green space and a gazebo area, creating a sense of community and enhancing tenant retention.
• Management: Professional, attentive management has maintained occupancy levels consistently above market averages, ensuring reliable income and reduced turnover risk.
Investment Appeal
This 33-unit property offers investors the rare combination of stability and value-add potential. With a strong history of occupancy, upgraded units, and attractive amenities, the building generates steady cash flow while still leaving room to capture further upside through the continuation of interior renovations and potential operational efficiencies.
Ideal for both private investors and institutional buyers, this is a turnkey multifamily acquisition in a demand-driven rental market.
28,060 Sq Ft
2.08 Private Acres Lot Size
investment
$45,456 Annual Tax
Built in 1980
MLS/Listing ID R1632258
3 Stories
33 Units
Cathedral Ceilings
Coin-operated
Lot - Rectangular Lot
Electric Oven
Electric Range
Refrigerator
Heating - Baseboard
Heating - Electric
Heating - Heat Pump
Carpet
Laminate
Vinyl
Construction - Brick
Community - Laundry Facilities
Community - Storage Facilities
Electric Cooktop
Rubber
Membrane
Cooling - Heat Pump
Parking - One Space
TOTAL MONTHLY COST
$0
$0
$0