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Excellent opportunity to own a well-maintained 4-unit investment property located in the highly desirable Central Business District. This income-producing property currently generates $45,000 in annual income and offers additional upside potential through future rent increases The property consists of two 1-bedroom units and two 2-bedroom units with separate utilities, making management more efficient and attractive to investors. Numerous recent improvements include a new roof, new windows, and new sewer lines to the street, helping reduce future maintenance concerns. The front porch is also scheduled to be professionally painted in June. Additional features include off-street parking with newly installed blacktop and a prime location convenient to downtown amenities, shopping, dining, and transportation. Whether you are looking to expand your portfolio or purchase your first multi-unit investment property, this property offers strong long-term potential in a desirable rental market. Additional details, including a profit and loss statement and further property information, will be provided prior to the listing becoming active.
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| Details |
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Architectural Type - Converted Dwelling
Basement - Full
Appliances - Washer/Dryer Hookups Only
Exterior Features - Aluminum Siding, Shingle Siding
Cooling - Window Unit(s), Electric
Heating - Baseboard - Electric, Electric
Hot Water - Electric
Sewer - Public Sewer
Water - Public
Additional Utilities - Cable TV Available, Electric: 200+ Amp Service
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