Property Description
SOLID INVESTMENT OPPORTUNITY! This well-maintained 4-unit property offers a projected $4,533.39/month in rental income with two units currently vacant, perfect for lease-up or selecting your own tenants. With an estimated 9% cap rate and $36,200.92 NOI, it's a strong cash-flow performer. Features include two 2-bedroom and two 1-bedroom units, potential for a 5th unit in the basement, and major upgrades: insulation and siding (2022), roof shingles (2019), 400-amp electrical panel, hot water on-demand, updated windows and flooring, coin laundry (2022), and a heated, wired garage rented at $200/month. A turnkey investment with upside potential. (id:63357)
Property Details
- Property Type
- Multi-Unit
- Bedrooms
- 6
- Bathrooms
- 4
- Stories
- 2.0
- Status
- Active
Location & Neighborhood
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