8700-8702 White Rock Lane
Property Description
Turnkey multifamily investment opportunity with 7+% cap rate! Two adjacent triplexes offered together for $625,000. Each unit features a spacious living room, open kitchen/dining area, in-unit laundry & and half bath on the main level, with 2 large bedrooms & full bath upstairs. Five of six units are currently leased (vacant unit was just renovated & put online for lease). All-electric properties with separately metered electric, water/sewer and trash, allowing tenants to pay all utilities. Owner covers lawn care. Numerous improvements completed between 2024-2026, including HVAC systems, water heaters, interior paint, flooring, turnover renovations and other updates. Excellent opportunity to acquire a well-maintained, low-maintenance investment with immediate cash flow. No showings until there's an accepted offer. See AR for current lease rates/unit. Call listing agent for more details/questions.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $625,000 |
| No. of Units: | 6 |
| Year Built: | 2003 |
| Lot Size: | 6,906.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $104,167 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 12 |
ID: 3yd-CARMLS-26027214
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