Remarks:
This 1.718-acre multi-family property presents a compelling investment opportunity with both immediate and long-term potential. It features two separate buildings housing a total of eight residential units. While the existing structures require some TLC and renovations, they offer a solid foundation for value-add improvements that can significantly increase rental income and property value. The property’s standout feature is the expansive extra land, which opens the door for future development—whether by adding more multi-family units or exploring alternative residential configurations. Located in a growth-oriented area with strong rental demand, this property is ideal for investors or developers seeking to enhance an existing asset while capitalizing on untapped land value. With the right vision, this property could become a high-performing addition to any real estate portfolio.
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