Eight-unit multifamily investment opportunity consisting of four two-bedroom units and four one-bedroom units. The property received a comprehensive interior renovation in 2023, including new cabinets, flooring, paint, doors, tubs, toilets, and tile throughout the units, providing a solid foundation for continued operation and future improvements.
Major capital items have been addressed, with roofs replaced in 2020 and HVAC systems updated in 2019. The property is currently 7 of 8 units occupied, with several long-term tenants in place, supporting consistent in-place income while allowing an investor the ability to implement rent growth and operational improvements over time.
This asset presents an attractive opportunity for an investor seeking existing cash flow with value-add potential, supported by recent renovations and updated major systems, while still offering room to further enhance performance
Lease Term
12 months4,832 Sq Ft
7,448 Sq Ft Lot Size
investment
Built in 1964
MLS/Listing ID 13524875
2 Stories
2 Units
Parking - 1 Space
Lot - Subdivision Lot
Fenced Area
Lot - Cleared
Heating - Electric
Heating - Natural Gas
Vinyl
Cooling - Ceiling Fans
Cooling - Electric
Construction - Brick
Microwave
Range
Refrigerator
Composition
TOTAL MONTHLY COST
$0
$0
$0