Description
Investors, take notice of this well-maintained four-unit multifamily! This property has a list of capital improvements that delivers immediate cash flow. Featuring a versatile unit mix of units; one three-bedroom, one two-bedroom, and two one-bedroom apartments, this property appeals to a broad tenant pool and supports strong, consistent occupancy. The owners have invested heavily in the asset over the past few years, with a new roof, gutters, ten new windows, and some new updated siding and exterior paint in 2022 and 2023. Three units have received new heaters and new stoves, and two units feature fresh interior paint, making for move-in-ready spaces that attract and retain quality tenants. A new water heater rounds out the mechanical updates, adding further confidence in the property's systems going forward. Beyond the units themselves, tenants enjoy the convenience of on-site laundry and ample off-street parking. The two-car garage could be used as additional rental income or additional storage. Schedule your showing today! Listed by Madison (Reeves) Shipman, Blair Allen Luxury Real Estate (605)569-9019
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Description
Investors, take notice of this well-maintained four-unit multifamily! This property has a list of capital improvements that delivers immediate cash flow. Featuring a versatile unit mix of units; one three-bedroom, one two-bedroom, and two one-bedroom apartments, this property appeals to a broad tenant pool and supports strong, consistent occupancy. The owners have invested heavily in the asset over the past few years, with a new roof, gutters, ten new windows, and some new updated siding and exterior paint in 2022 and 2023. Three units have received new heaters and new stoves, and two units feature fresh interior paint, making for move-in-ready spaces that attract and retain quality tenants. A new water heater rounds out the mechanical updates, adding further confidence in the property's systems going forward. Beyond the units themselves, tenants enjoy the convenience of on-site laundry and ample off-street parking. The two-car garage could be used as additional rental income or additional storage. Schedule your showing today! Listed by Madison (Reeves) Shipman, Blair Allen Luxury Real Estate (605)569-9019
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