Outstanding opportunity to own a 7-unit multifamily investment property in a strong rental market. This well-maintained building features a desirable unit mix and consistent rental history, making it a solid addition to any portfolio. Five of the seven units are currently leased with reliable tenants in place, while two vacant units provide immediate potential to increase income by leasing at today’s market rates. The property offers steady cash flow with additional upside, ideal for both seasoned investors and those entering the multifamily space. Conveniently located near shopping, dining, and major commuter routes, this 7-plex benefits from strong tenant demand and long-term appreciation potential. Don’t miss this rare chance to secure a performing asset with built-in growth opportunities.
Financial Considerations
Price:
$899,000
HOA Fee:
N/A
Tax Amount:
$7853.01
Price per SqFt:
$224.75
Tax Legal Description:
E1/2 OF LOTS 10 & 11 BLK 7 FAIRVIEW PARK PI#43897.0000/8