Three-story white house with balconies and a small front yard enclosed by a chain-link fence on a sunny day.
$699,900
  • ~526.11 m² Plot surface

Description

Highest & Best by 12pm Wednesday 6/4/25 A jewel for your portfolio! This turnkey 5-unit building offers immediate cash flow with major upside potential. The spacious layout includes one oversized 4-bed, 2-bath unit and four 2-bed, 1-bath units each with separate tenant-paid gas and electric. The full 4th floor, currently vacant, includes 4 rooms and common space that a savvy investor may convert into additional rental income. Exterior and common areas have been freshly painted. Off-street parking for all units, ample street parking, and money-making coin-op laundry add to the appeal. Current rents are well below market value, providing strong growth potential. All tenants are month-to-month except one, offering flexibility for future rent adjustments or renovations. A rare opportunity to secure a high-performing asset with untapped value in today's market!
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Engel & Völkers

Your advisor: The DiSpirito Team

Property ID: AM-5080790

Property details
  • Property type

    Other

  • Plot surface

    ~526.11 m²

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