Property Information:
Prime Downtown Development Gem & Income Producer• Unmissable Opportunity: Secure a high-performing asset with unparalleled future upside. This is a rare chance to acquire six side-by-side townhouses in a prime downtown location, offering immediate and significant cash flow from day one.• Zero-Friction Income: Enjoy a massive annual net operating income (NOI) of $122,332 (Gross Income: $142,116). Tenants cover all utilities directly, ensuring minimal landlord overhead.• Ideal Units: Each unit is a desirable 3-bedroom townhome with a private, fenced backyard, attracting and retaining quality long-term tenants.• Immediate Access: Unit #171 is vacant and ready for viewing—see the potential for yourself.• Zoning already in place: The property already holds downtown zoning approval for an ambitious seven-story mixed-use development. Skip the complex initial rezoning phase and move straight to planning.• Expansion Ready: The buyer has the option to pursue severance to create six individual standalone properties, or inquire about acquiring neighboring properties (potentially the entire block) for a transformative large-scale project.• Vibrant Location: The surrounding area is a diverse, high-demand community, perfectly positioned for a dynamic "Live-Work-Play" concept that integrates modern residential units with ground-floor commercial space.• Act Now! Whether you're seeking a strong cash-flowing asset or a large-scale development platform, this property delivers
Inclusions: None,6 Fridges, 6 Stoves, 6 Washers & 6 Dryers
Exclusions : Tenants Belongings
Building Features:
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Floor Space:
6288 Square Feet