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8% CAP RATE!!! Presenting a compelling investment opportunity, this recently updated multifamily property features three units on a .6-acre parcel. The asset includes: Two Duplex Units: Each unit spans approximately 1,500 square feet, offering 3 bedrooms and 2 bathrooms. These spacious, upstairs-downstairs duplex units cater to families and professionals, providing desirable rental appeal. Standalone Manufactured Home: A 1,460 square foot, double-wide manufactured home offers a unique and more private living space, enhancing the property's rental capability. With a strong 8% cap rate, this property promises robust cash flow and a stable investment return. All units are currently leased, ensuring immediate income potential. Don't miss out on this attractive addition to your real estate portfolio.
5 days ago | Listing updated with changes from the MLS® | |
5 days ago | Price changed to $485,000 | |
4 months ago | Listing first seen on site |
Mindy Palmer
Steve Palmer
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