

1309 Nw Baldwin,
Multifamily | 40 Units
Marketing description
Discover an outstanding investment opportunity with this well-maintained 40-unit multifamily property, currently 82.5% occupied with long-term, stable tenantsâseveral of whom have called this community home for over 20 years. Current rents are $695 per unit, with matching deposits, offering consistent and reliable cash flow. The complex features a convenient on-site laundry facility, ample. parking, and excellent tenant relations supported by a dedicated and efficient property management team. Significant improvements have been made, ensuring peace of mind for the next owner: Roofs replaced in 2022, several units have been rented section 8 and passed inspections on the first time. 32 units renovated with new flooring, fresh paint, updated cabinetry, electrical and plumbing upgraded during unit renovations. With strong occupancy, ongoing improvements, and a history of tenant stability, this property presents solid potential for continued growth and returns. Call the listing agent, Brenda Spencer-Ragland, NextHome TCR, 580-512-0591 today to schedule a tour, request a full rent roll, and explore the income-producing capabilities of this remarkable investment
Investment highlights
- Lot Size 60,898.08
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