Solid investment opportunity featuring a six-unit property comprised of all one-bedroom apartments. Four units are currently rented and in very nice condition, offering immediate income, while two units have been partially gutted, providing a blank slate for upgrades and significant value-add potential. The property offers off-street parking and includes a private deck off Unit 5, enhancing tenant appeal. Ideally located close to downtown amenities, shopping, dining, and local schools, this property is well-positioned for strong and consistent rental demand.
Whether you're looking to expand your portfolio or step into a turnkey investment with upside, this asset presents a compelling opportunity to increase revenues by completing renovations on the two vacant units and maximizing revenues
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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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