Excellent investment opportunity with immediate income and significant rental upside! Property is currently configured as 4 total 1-bedroom, 1-bath units, consisting of a triplex plus a rear addition with an attached garage. Three units are currently occupied and one is vacant, providing an opportunity to place a new tenant at market rent. Current rents are well below market, with two tenants paying $400/month and one paying $450/month, creating substantial value-add potential through future rent increases. Great opportunity for an investor looking for a multifamily property with existing cash flow and room to improve returns. Property configuration, zoning, permitting, unit count, and allowable use should be independently verified by buyer.
Listing courtesy of Listing Agent: Edward McClintick (broker@josephwalterrealty.com) from Listing Office: Joseph Walter Realty, LLC.
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