Well-maintained 6-unit multi-family in an excellent location near EastWorks and Downtown, offering strong upside potential. The property features a low-maintenance exterior and interior, is clean and well cared for, with a new roof membrane (Aug 2020) and a newly renovated back staircase/fire escape (Apr 2026).Long-term tenants with no leases provide flexibility for rent increases. Unit 3R, the 6th unit, is a 2-bedroom, 1-bath with kitchen and living room, gas heat, and a new refrigerator (Apr 2026), currently rented at $1,050/month. Tenants own washers/dryers; all other appliances are landlord-owned.Current cap rate is 5.5%, with rents below market ($1,600–$1,729). Pro forma cap rate reaches 8.5% at $1,600/month. Fire Department requires buyer to install a Fire Notification Panel. This is a solid investment opportunity with stable occupancy, minimal upkeep, and significant income growth potential in a highly desirable area.
5,832 Sq Ft
3,485 Sq Ft Partistorlek
investering
677 US$ Månadsvis skatt
Inbyggt 1910
MLS/Listnings-ID 73504629
5 Berättelser
6 Enheter
Cooling - Window Units
Construction - Brick
Community - Park
Community - Public Transportation
Community - Shopping
Community - Sidewalks
Diskmaskin
Sortiment
Kylskåp
Isolerade fönster
Skärmar
Parking - Off Street
Parking - Paved
Parking - Tandem
Lot - Corner Lot
Lot - Level
Anslutning av elektrisk torktumlare
Anslutning av tvättmaskin
Skafferi
Smart termostat
Community - House of Worship
Community - Bike Path
Community - Laundromat
Community - Private School
Community - Public School
Community - Walk/Jog Trails
Isolerade dörrar
Stormdörr(ar)
Balkong – Terrass
Varierar per enhet.
Badrum med duschkabin
Vardagsrum
Anslutning av tvättmaskin och torktumlare
Gummi
Skylights
Public Sewer
Public Water
Vinyl
Hårt trä
Brick Mortar
Heating - Natural Gas
Heating - Forced Air
Heating - Electric
Termostat
Walk-in Closets
TOTAL MÅNADSKOSTNAD
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