Estimation provided by Keller Williams Realty Inc.
6 Beds
5 Baths
2,603
sq ft
.38
ac
Active
For Sale
Property Description
Exceptional 5-unit Investment Opportunity with Upside Potential. Nestled in a quiet and desirable neighborhood, this well-maintained 5-family rental property has been in the same family for over 30 years and is professionally managed for seamless operation. The property features a versatile mix of units, with the current owner covering hot water & electricity for some units. However, the property is already equipped with separate electric meters, offering flexibility for a future owner to reduce operating costs by shifting responsibility for electric bills to tenants. Additional highlights include off-street parking for tenant convenience and a location that balances tranquility with accessibility, just minutes from major highways. With below-market rents, this property offers excellent upside potential for increased cash flow.Whether you’re a seasoned investor or looking for your first multi-family property, this is a rare opportunity to acquire a professionally managed asset.
Assessed Value is a combination of the land and additions.
2024
$4,458
(+7.11%)
$302,000
Land 71,400 +
Additions 230,600
2023
$4,162
(+4.28%)
$274,700
Land 65,000 +
Additions 209,700
2022
$3,991
(-12.27%)
$234,900
Land 56,500 +
Additions 178,400
2021
$4,549
(+6.68%)
$258,300
Land 51,300 +
Additions 207,000
2019
$4,264
(+2.77%)
$237,400
Land 51,300 +
Additions 186,100
2018
$4,149
(+9.04%)
$226,600
Land 48,900 +
Additions 177,700
2017
$3,805
$219,800
Land 52,300 +
Additions 167,500
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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