Property Description

Turnkey investment opportunity! This income-generating 4-unit apartment building is the perfect addition to any investor’s portfolio, offering immediate cash flow with major capital improvements already completed.The property features a brand-new roof and recently renovated units, providing modern finishes that attract and retain quality tenants. In 2023, the building underwent significant upgrades including updated electrical systems, new baseboard heating, and a new water heater, giving peace of mind and reducing future maintenance costs.Each unit is separately metered for gas and electric, allowing tenants to cover their own utilities—keeping expenses low and boosting overall returns. One unit has been intentionally left vacant, creating a prime opportunity for an owner-occupant or allowing a new investor to lease at current market rents and further increase income.With strong in-place income and additional upside potential, this property presents an attractive cap rate opportunity for investors seeking both immediate cash flow and long-term appreciation. The combination of major recent improvements, reduced maintenance risk, and utility pass-through structure positions this asset for efficient, predictable performance.Whether you’re looking to house hack or expand your portfolio, this is a low-maintenance, high-performing asset you don’t want to miss.

Property Features

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