A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size: 3,534 SqFt (328 m2)
Price: $233/SqFt ($2,513/m2)
Type: Multi Family
Built: 1972
MLS Number: A11970170
On Site: 43 Days
Updated: 3 Days ago
Page Views: 0
Well-maintained 5-unit Multifamily – 100% Occupied. Excellent Opportunity To Acquire A Stabilized, Income-producing Asset With 100% Occupancy And Strong Rental History. This Well-maintained 5-plex Offers Stable Cash Flow With Long-term Tenants In Place And Upside Potential In Rents Where Below Market. All Units Have Their Own Electric Meter. Property Improvements Include A New Roof (2021), Updated Main Electrical Distribution Panel (2024), Updated Subpanels, And Upgraded Pvc Plumbing, And Newly Asphalted Parking Lot. Unit Mix Includes 3- 2/1 And 1-2/2 And 1 Efficiency Currently Leased At $1,000/month. Additional Opportunity For Income: Laundry Connections And Assigned Parking Spaces. This Is A Solid, Turnkey Multifamily Investment With Value-add Opportunities And Strong Fundamentals. Zone Rm-16 & Tax Incentive Opprtunity Zone. 50 Year Inspection Completed.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Fence,Patio,Shed
Interior, Heating and Cooling
Heating Description: Other
Cooling Description: CentralAir,Zoned
Building and Construction
Floor Description: Laminate,Tile
Windows/Treatment: ImpactGlass
Year Built: 1972
Year Built Description: Resale
Style: Fourplex
Waterfront and Water Access
Waterfront Frontage: No info
School Information
Other Property Info
Listing Date: 2026-02-23T00:02:57.000-00:00
Taxes, Fees & More
Taxes: 14249
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