3 units Studio Style Recently Renovated – turnkey ready 2022 rental income - $12,145 (had many months of vacancy) Roof in good shape 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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
