Description
High-Yield 4-unit repositioning opportunity. Heavy capital improvements include a new metal roof (2020), rebuilt exterior 3rd-floor egress (2024), and a high-efficiency propane furnace (2025). Three of the four apartments were fully renovated in 2024. Operating with strategic vacancy, the property projects highly lucrative Pro Forma Gross Income over $80,000 annually at 2026 market rates. Aged exterior siding is strictly cosmetic, needing only a powerwash to shine, allowing capital focus on forced appreciation. Lockbox for easy showings of empty units; full walkthrough upon accepted offer.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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2,256SQFT
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$211$/SQFT
School Ratings & Info
Description
High-Yield 4-unit repositioning opportunity. Heavy capital improvements include a new metal roof (2020), rebuilt exterior 3rd-floor egress (2024), and a high-efficiency propane furnace (2025). Three of the four apartments were fully renovated in 2024. Operating with strategic vacancy, the property projects highly lucrative Pro Forma Gross Income over $80,000 annually at 2026 market rates. Aged exterior siding is strictly cosmetic, needing only a powerwash to shine, allowing capital focus on forced appreciation. Lockbox for easy showings of empty units; full walkthrough upon accepted offer.
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Courtesy of Derek Greene of Derek Greene: .