Outstanding opportunity to acquire a value-add 5-unit multifamily property with significant income potential. Three units are currently vacant, with projected gross rents of up to $6,000/month once stabilized.
Unit Breakdown:
Unit 1: 1BR/1BA Vacant, cleaned and painted, needs flooring, cabinets, and bathroom upgrade.
Unit 2: 2BR/1BA Vacant, renovations nearly complete and ready for rent.
Unit 3: 2BR/1BA Tenant moving out soon, will need upgrades once vacant.
Unit 4: 3BR/1BA Vacant, cleaned and painted, needs flooring, cabinets, and bathroom.
Unit 5: Leased at $750/month
This is a prime value-add opportunity for a savvy investor ready to bring units up to market standards. Whether you want to flip, refinance, or hold long-term, this property has strong income potential and room to build equity quickly.
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