Fantastic Investment Opportunity – Fully Rented 5-Unit Turnkey Building
This well-maintained 5-unit property is a turnkey investment, fully rented with reliable long-term tenants. Current rents are significantly below market, offering excellent value-add potential through rent increases to market rates.
The building features four 1-bedroom units and one 2-bedroom unit with an additional office/den. Off-street parking is available at the rear of the property.
Unit Breakdown:
Unit 16 (First Floor): Living room, dining room, kitchen, bedroom, and bathroom
Unit 16 (Second Floor): Living room, dining room, kitchen, bedroom, bathroom, and office/den
Unit 16 ½: Main level includes living room and kitchen; second level has bedroom and bathroom
Unit 18 (First Floor): Living room, kitchen, bedroom, and bathroom
Unit 18 (Second Floor): Living room, kitchen, bedroom, and bathroom (currently rented)
With strong occupancy, room to grow income, and minimal upkeep needed, this is a great opportunity for both new and seasoned investors.
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Listing Snapshot
Price
$525,000
Days On Site
313 Days
Bedrooms
6
Inside Area (SqFt)
4,316 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.17 Acres
Year Built
1914
MLS® Number
MDWA2032918
Status
Active
Property Tax
$5,072
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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