Recent Upgrades: The property has seen several enhancements, including new hot water heaters, a brand-new well pump, and a new roof on the main residence, ensuring modern efficiency and reduced maintenance concerns.
Income Potential: In addition to the main house, there are five fully occupied rental apartments, providing a stable rental income stream.
Recent Upgrades: The property has seen several enhancements, including new hot water heaters, a brand-new well pump, and a new roof on the main residence, ensuring modern efficiency and reduced maintenance concerns.
Income Potential: In addition to the main house, there are five fully occupied rental apartments, providing a stable rental income stream.
Prime Investment Opportunity: Multi-Unit Property with Strong Rental Income Potential
Seize the opportunity to invest in this well-maintained multi-unit property, now offering increased rental income effective January 1, 2025. This property delivers a combined gross rental income of $5,000 per month, making it an enticing addition to any investor's portfolio.
The property features five versatile rental units along with a standalone house. Units 1, 4, and 5 each rent for $900 per month, Unit 2 is currently leased at $700 per month, and Unit 3 is securely rented at $600 per month. The house generates $1,000 per month, providing diverse income streams.
Nestled in a desirable neighborhood, the property offers excellent access to local amenities, schools, and transportation, ensuring a steady demand from tenants. With a strong rental history and stable occupancy, this property provides reliable, consistent cash flow for investors looking to enhance their portfolio with minimal risk.
Investors will appreciate the opportunity for future rent increases and potential property value appreciation in this thriving market. Explore this exceptional investment opportunity now to take advantage of its income-generating potential. Contact us today for a private viewing and further details on this lucrative property offering.