Property Detail

Description

Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you’re expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.