Update 6/20/2023: This one is under contract but we will have two more 4plex's with similar finishes and layouts coming up in next couple weeks. Reach out to listing agent for more info. $100 million+ in infrastructure redevelopment in adjacent area and more coming. Less than 10 min to downtown, Plaza, Westport, and Crossroads. 3 min to new police station, fire station, bank, big name chain grocery store, and large shopping center. Updated spacious units with front and back decks. Owner/Agent Unit mix: Three 2/1 units One 3/1 unit Ample off-street parking. Projected 8%+ cap rate (PDF of Pro-forma in listing docs. 9%+ cap rate if going with voucher leases). Low maintenance: cosmetics and mechanicals all recently updated. Located in Qualified Opportunity Zone (QOZ). Next door 4plex appraised and sold for $385K within last 60 days. Potential to purchase additional adjacent turnkey 4-plex’s as they come available Summer 2023. Sq footage approximate - Buyer's agent to verify. Owner/Agent: Listing agent is owner of LLC which owns the property.
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