506 – 512 W 42nd Street
Property Description
This well-maintained four-unit property offers investors a rare opportunity with a strong, proven income stream, generating over $66,000 in gross annual rent. The quadplex includes two spacious 2-bedroom, 1-bath units and two 3-bedroom, 1-bath units, providing a balanced mix that appeals to a wide range of tenants. Each unit features durable, low-maintenance finishes designed for easy rental turnover, including luxury vinyl plank flooring throughout and stainless steel appliances in every kitchen. The property sits within walking distance of the Starland District, giving residents easy access to local coffee shops and restaurants. Whether you're expanding an existing portfolio or making your first move into multifamily investment, this quadplex offers immediate cash flow.
Broker Details
Seaport Real Estate Group 912-202-2042
MLS ID: CARJORO State License Number: 389664
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $499,900 |
| No. of Units: | 4 |
| Year Built: | 1930 |
| Lot Size: | 4,784.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $124,975 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 4 |
ID: 3yd-HIVEMLSNC-SA358573
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