Discover an exceptional value-add opportunity with this 6-unit multifamily property in Randle Heights/Garfield Heights. Boasting a mix of occupied and vacant units, Each unit features 3 bed 1 bath apartments. this asset offers immediate income generation with the potential to increase rents through a voucher program well over $2300 per… Read More unit. With a current gross monthly rent of $6,109 and two vacant units ready for leasing, investors have the flexibility to optimize cash flow. Monthly operating expenses remain low, enhancing the property's overall return potential. Conveniently located near public transportation, major commuter routes, and key amenities, this property is ideal for investors looking for a 1031 Exchange or looking to expand their portfolio. Don't miss this chance to secure a high-performing asset in a thriving rental market! Contact us today for financials and to schedule a showing. Read Less
Courtesy of Abel Gebremichael, Keller Williams Capital Properties abel@coalitionpg.com
Listing Snapshot
Days Online
39
Last Updated
Property Type
Five Or More Units
Square Ft.
5,460
Lot Size
0.18 Acres
Year Built
1944
MLS Number
DCDC2185398
30 Days Snapshot Of 20020
$451k
+26%
(avg) sold price
14
-26%
homes sold
53
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
6,240 net sqft, 5,460 total building sqft, Built in 1944, 5 units in building, Brick
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