



An exceptional residential income opportunity featuring a strong cash flow and a 6.75% cap rate. This well-maintained property is legally a 4-unit, currently configured as five income-producing units, offering an attractive setup for investors seeking immediate returns.Originally a single-family residence, the property has been thoughtfully expanded and improved. It now includes a detached ADU built in 2019 (fully permitted), consisting of two 1-bedroom, 1-bath units 450 sq ft each, with their own full kitchens and modern finishes. The main building is divided into three units:One 2-bedroom, 1-bath unit (760 sq ft) with full kitchen and private laundry hookups.Two 1-bedroom, 1-bath units (560 sq ft and 400 sq ft), both updated with newer kitchens, bathrooms, flooring, and recessed lighting.Total current rental income: $9,590/month. All units have private entrances a living room and full kitchens.Recent upgrades include paint, flooring, recessed lighting, and remodeled interiors.Other features include sub-metering in select units with utility reimbursements, on-site laundry hookups (select units), and a motorized gate (currently in manual operation). This property offers a stable tenant base with consistent on-time payments and documented income history. Tenants currently enjoy a mix of lease terms, with several on month-to-month agreements, offering flexibility for future management. Property is being sold with tenants in place. This is a rare opportunity to acquire a high-yield, turnkey income property with strong rental demand and upside potential.
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Property ID: 110106561440
Original Property ID: 3yd-MRMLSCA-PW26060343