Description
Parcel ID: 050 038 | Lot Size: 3.3 Acres | Units: 6 (1 Duplex, 1 Quadplex) Key Highlights Fully Leased: 100% occupancy, providing stable cash flow Recent Upgrades: 5 of 6 units fully or partially renovated with LED lighting, LVP flooring, appliances, fresh paint, and essential repairs Building Improvements: All siding, windows, and doors replaced; duplex balconies rebuilt; roof repairs completed Zoning & Development: City allows up to 46 units; property may be annexed with minimal effort Utilities: Gas and electric metered separately; landlord pays water for quadplex; septic systems in place with dormant city sewer hookup for expansion. Investment Highlights Immediate, stabilized cash flow from fully leased units Low near-term capex with most upgrades completed Future expansion opportunity with up to 46 units allowed by city zoning Convenient utilities and infrastructure with potential city sewer connection
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0BEDS
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3.31ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Parcel ID: 050 038 | Lot Size: 3.3 Acres | Units: 6 (1 Duplex, 1 Quadplex) Key Highlights Fully Leased: 100% occupancy, providing stable cash flow Recent Upgrades: 5 of 6 units fully or partially renovated with LED lighting, LVP flooring, appliances, fresh paint, and essential repairs Building Improvements: All siding, windows, and doors replaced; duplex balconies rebuilt; roof repairs completed Zoning & Development: City allows up to 46 units; property may be annexed with minimal effort Utilities: Gas and electric metered separately; landlord pays water for quadplex; septic systems in place with dormant city sewer hookup for expansion. Investment Highlights Immediate, stabilized cash flow from fully leased units Low near-term capex with most upgrades completed Future expansion opportunity with up to 46 units allowed by city zoning Convenient utilities and infrastructure with potential city sewer connection
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