Rare investment opportunity to purchase a duplex, triplex, and quadplex all at once. These buildings have been well maintained with several of the units being newly upgraded and a fresh coat of exterior paint. This property consists of two parcels with one containing the quadplex and the other parcel containing the duplex and triplex. What makes this a truly unique and great investment opportunity is its proximity to downtown and the beaches, plus the fact that this property is right in the path of redevelopment for the Cleveland Streetscape and Festival Core project. So you can purchase the property and collect excellent cash flow while the redevelopment heads your way, pushing property values up. At that time, the property can either be kept as multi-family rentals or redeveloped into retail storefronts. In addition, the existing property manager has agreed to stay on and manage the property if desired by the buyer. Buy and hold or sell for a profit!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
