Investor Opportunity – Strong Cash Flow with Significant Upside! Unlock the potential of this 12-unit multifamily investment situated on nearly 3 acres with immediate income and substantial value-add opportunities. Currently, 6 of the 12 units are occupied, with five units renting for $1,075 per month and one unit renting for $875 per month, providing steady cash flow from day one. Five of the occupied units have already been renovated, while only one occupied unit remains to be updated. The remaining 6 vacant units are spread across three separate buildings (two units per building), offering an excellent opportunity to increase occupancy and maximize rental income. Whether you're looking to complete renovations, lease up the vacant units, or reposition the property for stronger returns, this asset offers multiple paths to increased value. With six individual buildings, nearly 3 acres of land, and an asking price well below the appraised value, this is a rare opportunity for investors seeking immediate cash flow, appreciation potential, and long-term portfolio growth. Schedule your showing today.
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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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