Whether you're an investor seeking a strong-performing asset or an owner-occupant looking to offset your mortgage with rental income, this property presents a rare opportunity. Currently 50% occupied, the property generates income today while providing the flexibility to lease the remaining units at market rents or occupy one unit yourself. The townhome-style floorplans are highly desirable among tenants, offering multi-level living, private entrances, and a residential feel that contributes to strong rental demand and tenant retention. Significant capital improvements have already been completed, including a brand-new roof, new water heaters, and new HVAC systems, helping to minimize future maintenance expenses and maximize returns. Two of the four units have been tastefully updated with renovated kitchens, new flooring, and updated vanities, making them attractive to today's renters and providing a blueprint for additional value-add opportunities in the remaining units. Investors will appreciate the property's proven rental appeal, low-maintenance improvements, and strong cash-flow potential once fully occupied. Owner-occupants can take advantage of a unique house-hacking opportunity by living in one unit while rental income from the others helps offset housing costs.
Listing courtesy of LPT Realty, LLC. Selling Office: Mark Spain Real Estate.
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