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Exceptional Investment Opportunity in a Prime Location – $1 Million

Turn key rental or value add flip

13 beds 10 bath 

7 1/1 with potential to convert to 2/1 

3 2/1 

Unlock the potential of this promising multifamily property, strategically priced at $1 million. Comprising 10 units with an individual value of $110,000 each, this property presents a lucrative opportunity for both current income and significant value growth.

Current Rental Possibilities and Future Potential: Each unit has the potential to fetch monthly rents between $1,500 and $1,800, contributing to a robust income stream. With an existing appraisal at $1.325 million and a compelling after-repair value (ARV) ranging from $1.8 million to $2 million, the upside is unmistakable.

Investment Highlights:

• Asking Price: $999k million
• Units: 10
• Cost per Unit: $90,000
• Potential Rent per Unit: $1,500 - $1,800
• Current Appraisal: $1.325 million
• ARV: $1.8 million - $2 million
• Rehabilitation Investment: $200,000 required for top market value

This property is not just a building; it’s an opportunity. The required $200,000 in renovations paves the way for enhanced value and appeal, maximizing returns on your investment. Ideal for investors seeking a property with both immediate rental yields and long-term capital appreciation potential.

call us 4704219718

Step into a profitable venture in a growing market. Contact us today to explore how this property can add substantial value to your portfolio.