Exceptional Investment Opportunity. This solid, R6 ZONED six-unit building, featuring six one-bedroom apartments, delivers a strong 7% cap rate and reliable year-round income. All units are well-maintained and fully rented, making this a turnkey acquisition for investors seeking immediate cash flow. Convenient location, stable tenancy, and consistent performance make this property an ideal long-term hold.
Property Overview
-Well-maintained structure and systems
-Turnkey, income-producing asset from day one
Investment Highlights
-Reliable Cash Flow: Fully rented with consistent year-round income.
-Low Vacancy Risk: One-bedroom units remain in high demand, supporting strong occupancy stability.
-Operational Efficiency: Straightforward management with predictable operating expenses.
-Value Stability: Multifamily assets in this category historically provide long-term appreciation and income durability.
-Location Advantages: Proximity to transportation, employment centers, and local amenities supports tenant retention and rent resilience.