Purpose-built investment opportunity! This 2022 built Four-plex features three fully leased 2 bed, 1 bath residential units generating $100,200 in annual income, plus a ground-floor commercial space. Current CAP rate of 6.3%. Ability for further development potential, including a two-car garage with a residential unit above. A modern, low-maintenance asset with strong income and long-term upside. (id:35544)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X12214848 |
| Property Type | Multi-family |
| Community Name | Shakespeare |
| ParkingSpaceTotal | 10 |
| Age | 0 To 5 Years |
| Appliances | Dryer, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeExterior | 4735 Sqft |
| SizeInterior | 4735 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 127 Ft ,1 In |
| SizeFrontage | 103 Ft ,8 In |
| SizeIrregular | 0.384 |
| SizeTotal | 0.384 Ac |
| SizeTotalText | 0.384 Ac |
| ZoningDescription | C1 |
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