3 units Studio Style New Floors and Bathrooms Recently Renovated – turnkey ready Roof in Great Shape 2022 Rental income - $25,320 Currently 100% leased OWNER ALREADY BEING REPRESENTED BY AN AGENT. Mercer Company is proud to present this 16 unit multi-family portfolio, consisting of 4 homes in the Cedars/Fair Park area. These homes are ideally positioned in the Fair Park area, which has seen major improvements in the recent years & has more to come. Addresses: 2318 Poplar St 3530 Frank St 3722 Kenilworth St 6225 Howard Ave The homes had a 93% occupancy in 2022, with most units having a waiting list. Generating $117,000 in rental income in 2022, these properties are cash generating machines. All units comes with a bed, dresser and refrigerator, making it an ideal place to live for many people. There is a great opportunity to put tenants on yearly leases and have them pay the utility bills. That is just one of the many opportunities these homes present to increase revenue.
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