Description
**Continuing to Show - Actively Seeking Backup Offers** EXCELLENT CASH FLOW!! This 3-unit multifamily generates over $75,000 ANNUAL GROSS INCOME with an 8.5% CAP RATE. Fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding, in addition to an extensive list of more recent improvements. Detached garage and ample off-street parking in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools.
-
8BEDS
-
0.29ACRES
-
3BATHS
-
01/2 BATHS
-
4,001SQFT
-
$180$/SQFT
School Ratings & Info
Description
**Continuing to Show - Actively Seeking Backup Offers** EXCELLENT CASH FLOW!! This 3-unit multifamily generates over $75,000 ANNUAL GROSS INCOME with an 8.5% CAP RATE. Fully leased, this will be an easy transfer and a quick close is possible. Perfect opportunity for a first time investor or a 1031 Exchange. Sited on an open, level, corner lot this property offers over 4000 square feet of finished living space featuring updated kitchens, hardwood floors and vinyl siding, in addition to an extensive list of more recent improvements. Detached garage and ample off-street parking in addition to several designated public parking spaces on Waldron Ave. Excellent proximity to downtown, highways, hospitals, shopping & schools.
© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-06-14T07:05:43.437.
Courtesy of Michelle Sullivan of The Gove Group Real Estate, LLC: .