The story
- Four-unit multi-family configuration
- Immediate rental income potential with existing occupancy
- Significant upside potential through market-rate adjustments
- Established location near major local landmarks
GREAT INVESTMENT OPPORTUNITY LOCATED A SHORT DISTANCE FROM FREMONT STREET AND DIRECTLY ACROSS THE STREET FROM A METRO SUBSTATION. THIS MULTI-UNIT PROPERTY FEATURES 4 UNITS, EACH OFFERING 2 BEDROOMS & 1 BATH. AMPLE PARKING AVAILABLE. TWO UNITS ARE CURRENTLY OCCUPIED AT $900 PER MONTH—PROVIDING IMMEDIATE UPSIDE POTENTIAL. CURRENT MONTHLY RENT COLLECTED IS $1,800. MARKET RENT POTENTIAL IS $900 PER UNIT, FOR A TOTAL OF $3,600 PER MONTH WHEN FULLY OCCUPIED. ANNUAL GROSS POTENTIAL RENT IS $43,200.
