Cash-flowing 5-unit multifamily with strong rental history. There is additional value-add opportunity with the potential to convert the first floor into two units, increasing overall rental income. Projected cap rate exceeds 9% once current vacancy is filled. The property consists of four 2-bedroom units and one 3-bedroom unit. Three units have been fully renovated with updated electrical, plumbing, and efficient forced air systems—minimizing near-term capital expenditures. Separate utilities with tenants paying their own expenses. Basement storage provides additional income potential. Maintenance-free vinyl siding for ease of ownership. Ideal for investors seeking immediate cash flow with upside through lease-up and future income growth. Owner financing available; terms to be negotiated.
3,589 Sq Ft
3,720 Sq Ft Partistørrelse
investering
555 USD Månedlig skatt
Bygget i 1900
MLS/Oppførings-ID 73489878
11 Historier
5 Enheter
Heating - Forced Air
Heating - Baseboard
Vaskemaskin tilkobling
Lot - Level
Community - Highway Access
Community - Public School
Spisestue
Stue
Public Sewer
Public Water
Kjøleskap
Utvalg
Mikrobølgeovn
Community - Public Transportation
Naturlig tre
Heating - Space Heater
Heating - Natural Gas