Description
Turnkey 9-Unit Apartment Package " Strong Upside, Prime InvestmentRare opportunity to own a fully rented 9-unit multifamily property consisting of two well-maintained, all-brick buildings on a single parcel. Currently generating $88,000 in gross annual income, with immediate potential to increase rents to over $116,000+ with minimal effort.This is a true value-add opportunity:Five tenants are month-to-month, and several leases expire later this year " offering excellent flexibility for rent adjustments or repositioning.All units are in excellent condition " no deferred maintenance or heavy lifting required.Separately metered electric for each unit allows for simplified landlord operations and clear tenant accountability. Storage and Laundry areas for tenantsWhether you're looking for a cash-flowing asset or a long-term hold with appreciation upside, this property checks all the boxes. Perfectly suited for investors seeking stable returns and future growth.
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0BEDS
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0.23ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Turnkey 9-Unit Apartment Package " Strong Upside, Prime InvestmentRare opportunity to own a fully rented 9-unit multifamily property consisting of two well-maintained, all-brick buildings on a single parcel. Currently generating $88,000 in gross annual income, with immediate potential to increase rents to over $116,000+ with minimal effort.This is a true value-add opportunity:Five tenants are month-to-month, and several leases expire later this year " offering excellent flexibility for rent adjustments or repositioning.All units are in excellent condition " no deferred maintenance or heavy lifting required.Separately metered electric for each unit allows for simplified landlord operations and clear tenant accountability. Storage and Laundry areas for tenantsWhether you're looking for a cash-flowing asset or a long-term hold with appreciation upside, this property checks all the boxes. Perfectly suited for investors seeking stable returns and future growth.
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