This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.
This fourplex, built in 1956 has all 1 BR 1BA units averaging 566SF. Currently 100% vacant, there is an the opportunity to immediately lease-up at market rents or renovate the units to achieve even higher income potential. The property has received system updates including roof (2008), vinyl windows, and copper/PEX plumbing. A large common area with laundry and storage, connected to the garage, offers a potential opportunity to add two more units (buyer to verify). The adjacent parcel with a duplex is also available, for a total of six units and 8,800 LSF zoned MIO-37-LR3 RC (M). This opportunity is ideal for an owner-occupant or investors seeking a well-located property with long-term upside.
Listed by:
Lee & Associates Commercial RE
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-07-12 23:55:00.
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