Property Description

Turnkey 4-Plex - 8% CAP | Updated Units | 100% Occupancy. Here's your chance to own a cash-flowing, fully occupied 4-unit apartment building in a strong rental location. This property features four 2 bed / 1 bath units (875 sq ft each) -- 3 of 4 recently renovated -- and is an ideal investment for both first-time multi-family buyers and seasoned investors. Key Highlights: Immediate Cash Flow: Current rent roll $3,350/mo with upside to $3,700/mo once at full market rents. Market Rent Growth: New leases $850-$925/mo. Tenant-Paid Utilities: Water, sewer, and trash billed back monthly, boosting NOI. Recent $30K+ CapEx Improvements: New LVP flooring in units & entry stairway Fresh paint throughout Updated appliances, lighting, trim, and doors Multiple newer water heaters Painted kitchen cabinets & new exterior entry door. 100% Occupancy! Hassle-Free Operations: on-site contractor willing to remain. Construction & Layout Benefits: Solid brick & siding construction for low maintenance Simple, efficient floorplans that appeal to long-term tenants Shared off-street parking lot with neighboring identical building. Location: Convenient to schools, shopping, and main roads, ensuring steady rental demand.

Property Features

Units

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