Welcome to 204 W 4th Avenue & 206 W Tobuk Alley - a one-of-a-kind triplex offering three income-producing units, standout architectural character, and a location that tenants love. Just one block from grocery shopping and popular dining options, this property practically markets itself and is an exceptional addition to any investment portfolio. The Front Building | 2-Bedroom + Loft The crown jewel of the property, this spacious unit offers an open, versatile floor plan with a loft that adds both square footage and visual interest. The standout feature? A walk-in closet with a nook built into the bell tower - a truly unique detail that gives this unit the kind of charm and personality that keeps quality tenants coming back. This is not your average rental space. The Middle Unit | Studio Efficiently laid out and easy to rent, the studio unit is a smart addition to the property's income mix. Perfect for a single professional or student, it offers a low-maintenance option that helps maximize overall cash flow. 206 W Tobuk Alley | 2-Bedroom Tucked along Tobuk Alley, this second large 2-bedroom unit adds serious value and flexibility to the overall property. With its own separate entrance and address, it offers privacy and independence that tenants appreciate. Why This Property Stands Out Three units with diverse layouts appeal to a wide tenant pool Exceptional walkability - groceries and dining just one block away Distinctive architectural details including the bell tower add lasting rental appeal Flexible setup works for owner-occupants or pure investment Strong foundation for consistent, long-term rental income Whether you're a seasoned investor looking to expand your portfolio or a buyer ready to step into ownership with built-in income, 204 W 4th Avenue & 206 W Tobuk Alley delivers on every front - character, cash flow, and convenience.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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