Turnkey 6-Unit Multifamily | Strong Cash Flow | Desirable cap rate | Off-Street Parking
Excellent opportunity to acquire a fully rented 6-unit multifamily property offering immediate cash flow and long-term upside. This well-maintained asset features six (6) one-bedroom units with consistent rental income and a stable tenant base.
The property includes a large off-street parking lot, a highly desirable amenity that enhances tenant convenience and retention. Additional income is generated through an on-site coin-operated laundry facility, providing supplemental revenue.
Several units include utility reimbursements, helping offset operating expenses and improve overall net operating income. Investors will appreciate the low expense ratio, consistent rent roll, and opportunity to increase rents to market levels, further enhancing returns and overall value.