1931 North Gratz Street
Fully Leased - Multifamily - Duplex
Marketing description
Portfolio Opportunity: This property is available for purchase individually or as part of a larger portfolio, offering investors the flexibility to acquire a single asset or assemble a collection of institutional-quality investment properties in some of the market's most desirable locations.
Currently generating $26,940 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow.
The property consists of two spacious student housing units totaling 5 bedrooms and 3 bathrooms:
Unit 1: 2 bed / 1 bath Current Rent $950 Future Rent Starting August 1st $1000
Unit 2: 5 bed / 3 bath Current Rent $1050 Future Rent Starting August 1st $1245
The rent increase from $24,000 to $26940 per month represents a 12.25% increase in gross rental income starting August 2026.
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