Property Description

High-Yield 4-unit repositioning opportunity. Offered individually, with the exclusive option to acquire as part of a 19-unit Master Portfolio. 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.

Property Features