Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable income, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.
Listing Provided Courtesy of Chris Martin, Land Leader
General Information
24205581
261
DOM
12
0.62 acres
12
5696
1991
R-2
Curry
R21617
Kalmiopsis 4/10
Azalea 2/10
Brookings-Harbr
MultiFamily
ACRES 0.62
Listing Provided Courtesy of Chris Martin, Land Leader
Krishna Realty data last checked: Aug 31, 2025 01:51 | Listing last modified Aug 31, 2025 00:50,
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Residence Information
5696
12
12
Composition
7,
Garage
2
1991
No
LapSiding
None
None
ConcretePerimeter
Features and Utilities
None
WallFurnace
PublicSewer
Electricity
Financial
7046.07
0
Sewer,TrashCollection,Water
Cash,Conventional
12-13-2024
No
No
Comparable Information
261
261
Cash,Conventional
$1,100,000
$950,000
Aug 31, 2025 00:50
Schools
public Elementary : Kalmiopsis
4/10Ratingspublic Middle : Azalea
2/10Ratings High : Brookings-HarbrN/ARatings
Opportunity is knocking! With six residential units, this multifamily complex is a unique and rare investment opportunity. Each unit features two bedrooms, 1.5 or 2 bathrooms, private backyard area, & a garage for additional storage . These units currently generate a stable income stream, with a gross monthly rental income of $5,175. There is also upside potential, presenting an opportunity for an investor to grow revenue as the final unit is leased & adjusting rents to market levels. In addition to the strong income, the property has already undergone substantial improvements, with over $130,000 invested over the past year & a half. With a stable income, recent improvements, & the potential for additional rent, this property represents a solid & rare investment opportunity. Furthermore, the growing demand for rental units in the area adds to the long-term potential, making it an attractive option for investors looking for both stability & growth.
