Fully Occupied: All 6 units leased, ensuring stable rental income.8.3% Cap Rate: High-yield returns outperform industry standards.Prime Location: Close to schools, parks, shopping centers, and public transit.Tenant Amenities: Includes storage rooms and private backyards for select units.Long-Term Tenants: Stable tenant base with long-term leases.New Landscaping: Enhances curb appeal and attracts quality tenants.Value-Add Potential: Opportunity for upgrades or rent optimization.Low Maintenance: Well-maintained units ensure minimal operational issues.Income Stability: Multi-unit properties offer steady cash flow.Growth Potential: Secure this asset in a rising market.
Listed by:
Gerchick Real Estate