**Turnkey Investment Opportunity: Prime 4-Plex Near Edgewater Neighborhood** Discover an exceptional investment opportunity in a desirable location, just a stone's throw from Lakewood and downtown. This well- maintained 4-plex boasts significant updates and fantastic cash flow potential and is ***Lead Base Paint Certified*** Property Highlights: *New Roof (2023):* A recent roof replacement ensures peace of mind for years to come. **Renovated Top Two Units:** These units have been completely remodeled from the studs up, featuring: New flooring. Updated plumbing. Modern kitchens and bathrooms. New wiring throughout**Bottom Units: *Unit 1:* Fully updated with a new kitchen, bathroom, and flooring. *Unit 2:* Showcases original hardwood floors in excellent condition. While it hasn’t received the same kitchen and bathroom updates, it has new wiring and minor repairs, making it a charming option for tenants. *Utilities:* Each unit is equipped with new CENTRAL AC units and 12-year water heaters, enhancing comfort and efficiency.*Structural Integrity:* Addressing previous concerns, new beams in the basement. A sump pump and drainage system have also been installed for added protection. **Occupancy:** This property is fully occupied with self-paying tenants, providing immediate cash flow.**Investment Details:** **Cap Rate:** This property boasts an impressive 10% cap rate, making it an attractive investment for savvy buyers. Don’t miss out on this opportunity to own a well-maintained, income-producing property in a thriving neighborhood! This property is lead-based paint certified. Contact us today for more information. Showings will only be allowed after we receive an acceptable offer in hand as to not to disturb the tenants. Schedule a Private Showing

Listing courtesy of MLS_NOW / Keller Williams Citywide

Last checked: Checking… • Last updated Feb 24, 2025 • Source: MLS_NOW

MLS# 5098396 — Report a problem