1008 Cimmeron Dr
Property Description
Well-maintained and fully-rented 4-unit investment property featuring a desirable combination of updated interiors, solid long-term tenants, ample parking with garage spaces for each unit, and durable all-brick exterior. All units are two bedrooms with two units containing two bathrooms and two units containing one bathroom, each with its own garage space. Multiple units have had the kitchen and bathrooms updated nicely. This is a very well-maintained property with great landscaping and a nice shared courtyard provides an inviting outdoor space for residents. The property features hot water heat throughout and separately metered electric, with tenants responsible for their own electric and trash expenses. Owner pays water/sewer/gas. All units have their own washer and dryer that will convey with the property. With four solid long-term tenants already in place, this property offers an attractive opportunity for an investor seeking stable occupancy and established rental income. Ample parking, individual garage space, updated units, and a well-maintained overall condition make this a particularly appealing multifamily investment. A strong combination of location, functionality, tenant stability, and investment potential makes this four-unit property one not to miss.
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $850,000 |
| No. of Units: | 4 |
| Year Built: | 1976 |
| Lot Size: | 4,419.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $212,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 6 |
ID: 3yd-IRESCO-1066779
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