Oriole Estates Sec 8

Highlights:

• Lot Features: Less Than 1/4 Acre Lot
• Documents Available: Investment Analysis
• Architectural Style: Attached
• Cooling: Central Air, Zoned
• Heating: Other
• Flooring: Tile
• Construction Materials: CBS Construction

Description:

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.

---

Report Listing This listing was syndicated through:

Listing ID: A11970170