$1,750,000

About this home

Rare opportunity to acquire a 7-unit multifamily property featuring all single-story construction on a large 22,400+ sq. ft. lot. Offering a unique combination of detached cottages and duplex structures, this property provides the privacy and appeal of individual homes while delivering the economies of scale of a multi=family investment. The diverse unit mix includes a 4-Bedroom/1.5-Bath detached cottage, a 3-Bedroom/1-Bath detached cottage, a 2-Bedroom/1-Bath detached cottage, and two duplexes consisting of one 3-Bedroom/2-Bath unit, one 3-Bedroom/1-Bath unit, and two 1-Bedroom/1-Bath units. This variety of floor plans accommodates a broad range of tenant needs, supporting strong occupancy and long-term rental demand. Residents enjoy onsite garage and open-space parking along with individual washer and dryer hookups, amenities that continue to enhance tenant satisfaction and retention. Ideally located near shopping, entertainment, schools, and public transportation, the property is positioned within a well-established rental corridor. From an investment standpoint, the asset offers tremendous upside. With projected market financials of an 8.7% CAP Rate and 8.5 GRM, investors have a clear opportunity to substantially increase income and unlock significant long-term value. Combining desirable single-story construction, a large land parcel, an exceptional unit mix, and outstanding value-add potential, this is a compelling opportunity for investors seeking both immediate stability and future growth.

Facts & features

Location