Excellent investment opportunity offering a strong cap rate and solid income potential.
This well-maintained 4-plex features a clean and efficient layout with Units A and D offering 3 bedrooms and 2 bathrooms, and Units B and C offering 2 bedrooms and 1.5 bathrooms, providing comfortable and functional living spaces throughout.
The property has been owner-managed with great care, with consistent attention to tenant communication and ongoing efforts to maintain a safe, comfortable, and well-kept living environment.
Unit A has recently been upgraded with new hardwood flooring throughout.
Units A and D are currently leased at $1,100 per month, while Units B and C are actively listed for lease at $900 per month, offering immediate cash flow with additional upside as leasing is completed.