Re/Max Innovations
Listed by Re/Max Innovations
$1,699,999
241 Pocasset Avenue
Details
APN 241POCASSETAVPROV
Property Type Land, Multifamily
Sub Type Residential, Apartment Building
Units 8
Year Built 2024
Buildings 1
Lot Size (SqFt) 2,523
Land | 2,523 SqFt
Marketing description
Turnkey, high-yield 8-unit new construction investment ready for immediate cash flow. Nearing completion and already in the process of securing tenants, this asset eliminates lease-up risk and positions the next owner for instant income.
Featuring a desirable mix of 1-bedroom and 2-bedroom units, the property caters to strong rental demand. A valuable 5-year tax stabilization agreement is in place, with taxes starting at just 20% in Year 1 and 40% in Year 2—dramatically boosting early returns and investor ROI.
Priced at $1,750,000, this is an exceptional opportunity for a savvy investor to acquire a low-maintenance, income-producing asset with significant financial advantages and long-term appreciation potential.
Listing Contacts
Re/Max Innovations
Listed by Re/Max Innovations
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