Excellent opportunity to own a well-maintained 4-unit investment property located in the highly desirable Central Business District. This income-producing property currently generates $45,000 in annual income and offers additional upside potential through future rent increases.
The property consists of two 1-bedroom units and two 2-bedroom units with separate utilities, making management more efficient and attractive to investors. Numerous recent improvements include a new roof, new windows, and new sewer lines to the street, helping reduce future maintenance concerns. The front porch is also scheduled to be professionally painted in June.
Additional features include off-street parking with newly installed blacktop and a prime location convenient to downtown amenities, shopping, dining, and transportation.
Whether you are looking to expand your portfolio or purchase your first multi-unit investment property, this property offers strong long-term potential in a desirable rental market.
Additional details, including a profit and loss statement and further property information, will be provided prior to the listing becoming active.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$519,000
Days On Site
119 Days
Bedrooms
6
Inside Area (SqFt)
3,084 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1 Acres
Year Built
1900
MLS® Number
PALA2089586
Status
Pending
Property Tax
$4,510
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.