Listing courtesy of SNSHN Realty LLC.
Well maintained 8 unit multifamily property with strong cash flow and upside potential. Current rents total $6,970/month, with tenants responsible for gas, electric, heat, and water, keeping operating expenses low. Major capital improvements include a new roof (2019), white vinyl thermal seal windows (2023), and all new furnaces (2024). One unit is vacant and ready for immediate occupancy, and market rents support a rent roll of $8,000+/month. Several units have been updated in the last few years with LVP flooring, refreshed kitchens, paint, and bathroom improvements. Additional on site coin operated laundry, storage units, and outdoor parking spaces provide convenience for tenants. Great opportunity to add to your portfolio.
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