



Opportunity knocks with this 3-unit income property ready for its next chapter. This multi-family building offers three separate units and strong upside potential for investors or owner-occupants willing to put in some work. The property is currently not rent-ready and will require renovations to bring units back to full occupancy, making it an ideal value-add project. With the right updates, this property has the potential to generate solid rental income and long-term appreciation. Separate units allow for multiple revenue streams, and the layout lends itself well to standard long-term rentals once repairs are completed. Whether you're looking to rehab and hold, renovate and refinance, or reposition and resell, this property offers flexibility and upside. Located within a local school district that has announced a new development project in the area, the property benefits from nearby community investment and future growth initiatives. Buyers are encouraged to conduct their own due diligence regarding timelines and potential impacts.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $1009 | NZD $1,819* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Cedar One Realty
Property ID: 110105766523
Original Property ID: 3yd-NEOHREXOH-5187083