5507 Virginia Avenue
Property Description
Investment Opportunity - Four-Family Brick Building This solid four-family home is a fantastic opportunity for investors or an owner-occupant looking to generate rental income. Each unit features one bedroom, one bathroom, and a functional layout. Two units are currently tenant-occupied, providing steady rental income from day one. Two units are vacant, offering the perfect chance for an owner-landlord situation or for new tenants at market rent. Attractive all-brick exterior with historic charm, arched entryways, and character-filled design. Property includes separate entrances and utilities, making management simple and efficient. Located in a neighborhood with strong rental demand, convenient access to highways, schools, and local amenities. With light updates, this building has excellent potential to increase cash flow and long-term equity. Whether you're looking for your next investment or a property to live in while tenants help pay the mortgage, this four-family is a smart choice. Don't miss this opportunity to own a versatile income property!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $210,000 |
| Year Built: | 1906 |
| Lot Size: | 3,234.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 1 |
| Number of Bathrooms: | 1 |
ID: 3yd-MARISMO-26060628
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3109 Central Drive
Fort Wayne, Indiana
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout