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Opportunity to acquire a 7-unit multifamily property priced CHEAP! Offering significant income and value-add potential. With over 4,000 square feet, featuring 10 total bedrooms, and 8 bathrooms across two structures, the property features five units in the main building plus two additional units in a separate guest house. With gross rent potential exceeding $5,000 per month, the numbers offer plenty of room for an investor willing to put in some work. The property could benefit from additional updates and improvements, creating an opportunity to increase rents, improve operations, and build equity. Conveniently located near downtown, providing tenants easy access to employment, shopping, dining, and other amenities. At this price point, investors are getting seven units including 10 bedrooms, and 8 bathrooms, two structures, 4,000+ square feet, and $60,000+ in potential annual gross rental income an opportunity with compelling upside for the right buyer. |
