16720 S Dalton Ave | 5 Units
Multifamily | 5 Units | $420,000/unit
Marketing description
Built in 1988, this well maintained 5-unit multifamily investment offers immediate income with built-in upside. The property features an excellent unit mix consisting of (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit, catering to the strong tenant demand in the area. Most rents are near market, with an estimated 14% rental upside after lease of vacancy. An attractive opportunity for investors seeking both stability and growth. Efficiently operated with very low expenses, making it an ideal passive investment that does not require professional management. Parking is a major advantage, offering 10 total spaces: one 2-car garage and 8 tuck-under spaces. Storage units are big enough to offer ADU potential without losing any parking. Buyer to verify. This asset is a compelling opportunity to acquire a newer-built, low maintenance multifamily property with immediate cash-flow! Do not Walk Property or Disturb Tenants!
Investment highlights
1988 Construction
All utilities are metered separately
Excellent unit mix (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit
Cash-flowing Asset with 14% upside after lease of vacancy
10 parking spaces: One 2-car garage and 8 tuck-under spaces
Low Expenses (Actuals in OM)
One Vacant 2bed unit
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