7-Unit Multi-Family Property with Income Potential Cap Rate at 8.47 %
Investment Opportunity! This 7-unit property offers exceptional income potential. Enjoy the benefits of owning a well-maintained multi-family building with a proven rental history. This property offers four 1 bed room apartments and three 2 bedroom apartments.
Rents are as follows: 731 Vander Apt 1 occupied $625 a month, 731 Vander Apt 2 occupied $560 a month, 731 Vander Apt 3 Vacant $795 a month, 731 Vander Garage occupied $100 a month, 733 Vander Apt 1 occupied $600 a month, 733 Vander Apt 2 occupied $700 a month, 733 Vander Apt 3 occupied $845 a month, 733 Vander Apt 4 Vacant $895 a month, 733 Vander Garage occupied $50 a month.

Property Highlights:

7 Spacious Units: Ample living space for tenants.
2-Car Garage: Provides convenient covered parking.
Abundant Off-Street Parking: Plenty of space for residents and guests.
Recent Renovations: Two units boast brand-new floors, paint, kitchens, and bathrooms.
Strong Rental Income: Five units currently leased, plus garage rental.
This property is ideally suited for investors seeking a steady income stream. With its prime location and recent upgrades, it's ready to generate immediate returns.

Don't miss this chance to build your real estate portfolio!