This turn-key fourplex presents a compelling opportunity to acquire a clean, renovated income-producing asset with immediate upside and long-term stability. Thoughtfully updated interiors, dedicated parking for each unit, and straightforward operational efficiency create the kind of investment profile that is increasingly difficult to find at this price point. One unit… Read More is intentionally being delivered vacant to allow easy showings and a seamless transition for the next owner, while also creating an immediate value-add opportunity through quick lease-up at current market rents. With full occupancy, projected gross rents approach $45,000 annually, creating strong cash flow potential from day one. Each unit offers two spacious bedrooms, a separate utility area with laundry hookups, and attractive updated finishes that enhance tenant appeal and support durable rental demand. Solid brick construction and individually metered services further strengthen the investment fundamentals, while seller-reported historical expenses reflect a practical and manageable operating profile. For buyers looking to blend investing with owner occupancy, this also makes for an exceptional house hack opportunity, with the ability for a qualified buyer to potentially secure a four-unit property with low down payment financing in the 3% to 3.5% range while rental income from the additional units helps offset ownership costs. Whether you're expanding a portfolio or making a strategic first multifamily acquisition, this is the kind of asset that checks the boxes—updated, efficient, financeable, and positioned for income, with stabilized performance supporting cap rate projections in the 6%+ range based on market rents and full occupancy. Read Less
Listing Snapshot
Days Online
0
Property Type
Quadruplex
Lot Size
0.2 Acres
Year Built
1973
MLS Number
2617904
Additional Details
Building
Construction Materials: "Brick/Mortar", Year Built: 1973
Cooling
Details: "Electric"
Heating
Heating: "Natural Gas"
Home Owner's Association
Fee: 0, Dues Frequency: None
Lot
Size: 8896
Property
Zoning: MF
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Separate Meters"
Listing courtesy of Standard Real Estate 913-222-2933
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
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