Remarkable Browns Point value-add opportunity 4-plex. Solid investment property with low expenses and upside potential by increasing rents by 17% to market rate. Spacious townhouse style units are approx 1,278 SF, 2 bedrooms, 1.75 baths and offer a nice floor plan, washer/dryer and private patio. All units have a 1-car garage, forced air heating and the roof and skylights have recently been replaced. High demand rental, fully occupied, stable tenants, and located within walking distance to Browns Point Lighthouse Park. Pro-forma rents are $2000 per unit at 5.88% cap rate.
Current Location
