$999,000
283-289 Fifth St
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 5,000
Year Built 1940
Acreage 0.170
Multifamily
Marketing description
Rare opportunity to acquire a 5 unit package consisting of a 3 family and 2 family offered together for under $1M. Strong income potential with both buildings featuring vacancies, allowing a buyer to set market rents immediately. Fully rented, the property has the ability to generate close to $10,000 per month. Ideal for investor or owner occupant looking to scale with built in upside. Units offer functional layouts with solid bedroom counts and separate utilities. Off street parking and convenient location near major routes, shopping and amenities add to long term desirability. Excellent value add opportunity with significant rental growth potential. Buyers to perform their own due diligence.
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