6.85% Cap Rate- Turnkey 5-Unit Semi- Detached Multiplex that has been Fully Renovated with Strong Cash Flow!

An exceptional investment opportunity awaits, offering $400,000 in recent capital improvements from top to bottom.

2- 2 Bedroom, 1- 1Bedroom, 1- Studio + Den & 1- Studio.

The property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor.

Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs.

With a Net Operating Income of $82,196, this property offers a solid return in a market where stability and performance matter.

Landlord covers all utilities except for laundry & internet.

Whether you’re expanding your portfolio or entering the multi-family space, this is an investment you won’t want to miss. 1,900SF.FT. of Parking.

Investment Package Available with Rent Role & Capital Improvements.

Zoning code:AM10(2199)AM10(1211)5228

 

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Property Details

  • Style:Multiplex- 5 Units- Semi-Detached
  • Year Built:1960
  • Total Sq. Feet:2,750 sq ft
  • Lot Size:34 FT X 123.98 FT
  • Bedrooms:5+ Den
  • Bathrooms:5
  • Basement:Fully Finished
  • Parking:7
  • Taxes:$3,372.00/2024
  • MLS #::X12351143

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