Overview
- Multi Family
- 3
- 0
- 2896
Description
Investor opportunity! Income-producing multi-unit featuring immediate cash flow, multiple income streams, and massive value-add potential. Perfect fit for portfolio expansion or an owner-operator looking for house-hacking upside.
CURRENT RENTAL ROLL ($2,100/mo Total):
• Unit 1- 2Bed / 1 Bath: $700/mo
• Unit 2- 2 Bed / 1 Bath: $700/mo
• Unit 3-2 Bed / 1 Bath: $700/mo
VALUE-ADD POTENTIAL:
Strong market upside with potential gross rental income of $2,700 – $3,000/month ($32,400 – $36,000/year). Bring rents to market rates through simple turnover or light cosmetic updates to capture an immediate 28% to 42% revenue increase. Multi-family properties with this level of embedded equity and income growth do not last long.
Nearby School
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High School District BealCity
