$3,000,000
712 Miller Avenue
Details
Property Type Retail, Multifamily
Square Footage 2,850
Units 24
Tenancy Multi
Year Built 1970
Year Renovated 2021
Buildings 6
Stories 2
Zoning MR5
Ground Lease No
100% Occupied | 24 Units | Stable Cash Flow | Turnkey Investment Opportunity
Marketing description
Excellent investment opportunity featuring a 24-unit multifamily property consisting of six 4-unit buildings. Each building includes four 1-bedroom, 1-bath units, for a total of 24 units. The property is currently 100% occupied, providing immediate and stable rental income. Each unit features spacious kitchens with granite countertops, tile backsplashes, and newer appliances, as well as washer and dryer hookups. This well-maintained property has a strong history of consistent occupancy and reliable rental income, making it an exceptional investment opportunity.
Investment highlights
- 24-unit multifamily property consisting of six 4-unit buildings
- 100% occupied with immediate, stable cash flow
- All units are 1-bedroom, 1-bathroom floor plans
- Strong and consistent rental history with proven occupancy
- Updated interiors featuring granite countertops, tile backsplashes, and newer appliances
- Washer and dryer hookups in every unit
- Well-maintained property with minimal deferred maintenance
- Individually metered utilities (if applicable)
- Attractive unit layouts with spacious kitchens
- Opportunity for continued rental growth through market rent adjustments (if applicable)
- Low-density community with six separate buildings, reducing operational risk
- Ideal for investors seeking a stabilized, turnkey, income-producing asset
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