Average square foot calculated using Size range provided by listing agent.
Description
Well-maintained 4-unit multifamily on a 9, 017 SF lot located in a strong rental area. Each unit offers 2 bedrooms and 1 bathroom, currently generating $7, 100/month with rental upside to $7, 600/month. The property yields $85, 200 in gross annual income, with a current NOI of $42, 621 and market NOI of $48, 621, resulting in a 7.6% cap rate. Utilities are shared across all units (not separately metered). With a solid rental history, stable tenants, and clear potential for growth, this is a great opportunity to acquire a cash-flowing asset with long-term upside.Show Description
MLS® NumberA11844934
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1974
Basement
Driveway
Garage Spaces
HeatCentral
A/CCeiling Fan(s)
Heating Fuel
Extras
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