Description
This four unit brick investment opportunity offering immediate cash flow from day one! This fully occupied multifamily property currently generates $2,900 per month in rental income with all four units leased, providing a stable income stream from day one. Several rents remain below current market value, creating an excellent opportunity for future increases and improved returns without the need for major repositioning. The property has been professionally managed and maintained, making it an attractive option for both seasoned investors and those looking to add a solid performing asset to their portfolio. Roof is less than five years old and all hot water tanks are less than 10 years old. Whether you're searching for your next cash flowing investment or looking to expand your multifamily holdings, offered at an attractive price, this is an opportunity you won't want to miss!
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8BEDS
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0.17ACRES
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4BATHS
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01/2 BATHS
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6,020SQFT
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$38$/SQFT
Description
This four unit brick investment opportunity offering immediate cash flow from day one! This fully occupied multifamily property currently generates $2,900 per month in rental income with all four units leased, providing a stable income stream from day one. Several rents remain below current market value, creating an excellent opportunity for future increases and improved returns without the need for major repositioning. The property has been professionally managed and maintained, making it an attractive option for both seasoned investors and those looking to add a solid performing asset to their portfolio. Roof is less than five years old and all hot water tanks are less than 10 years old. Whether you're searching for your next cash flowing investment or looking to expand your multifamily holdings, offered at an attractive price, this is an opportunity you won't want to miss!