Discover an exceptional investment opportunity with this well-maintained 12-unit apartment building, ideally suited for both seasoned and first-time multifamily investors. The property offers a strong unit mix of four (4) spacious 1-bedroom units and eight (8) comfortable 2-bedroom units, maximizing occupancy potential and wide market appeal. Key Features 12 Total Units 4 × 1-Bedroom / 1-Bathroom 8 × 2-Bedroom / 1-Bathroom On-Site Laundry Convenient in-building laundry facilities, generating additional income and providing extra convenience for tenants. Well-Maintained Property Common areas and mechanical systems are cared for, supporting stable operations and minimizing maintenance concerns. Strong Rental Demand The balanced unit mix appeals to singles, couples, and small families, supporting consistent occupancy. Value-Add Potential Opportunities may exist to update units, enhance amenities, or adjust rents to market rates for increased NOI. Investment Highlights This building delivers a reliable income stream with the potential for future growth. Its practical layout, solid tenant appeal, and desirable amenities make it a compelling long-term hold in any portfolio. (id:47421)
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Detailed Information
Lot
100 x 0 ft
Community Features
Pets Allowed With Restrictions
Features
Treed
Listing Contract Date
2025-11-22
Ownership Type
Freehold
Property Type
Multi-family
Transaction Type
For sale
Building
Amenities
Shopping Area
Appliances
Refrigerator, Stove
Architectural Style
Low rise
Constructed Date
1968
Heating Type
Hot Water
Stories Total
2
Type
Multi-Family
Land
Total Size
100x140
Fence Type
Partially fenced
Landscape Features
Lawn
Size of Irregular Land
100x140
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