
A premier investment opportunity offering strong immediate revenue paired with high-upside potential. Located near the Business District, this 6 unit multifamily property features 5 fully occupied units and 1 vacant unit ready for remodel. Exceptional value with strong in place NOI, the property commands an outstanding estimated Cap Rate of 13.97%. By completing the 6th Unit turn, the next owner can force equity, capture premium market rents and scale the projected pro forma NOI! Each highly marketable layout comes fully equipped with a modern suite of amenities, including an electric stove, refrigerator, dishwasher and an in-unit washer dryer combo-a premium feature that drives strong tenant demand and retention! The asset further benefits from tenant storage units located in the basement. Perfect for investors seeking immediate cash flow from day one!
Email enquiry to CENTURY 21 FAIRWAYS REAL ESTATE
Property ID: 110120835494
Original Property ID: 3yd-WPMLPA-1781034