Lake, US
Solid 5-unit investment property with all units currently occupied and producing consistent income. The building brings in $5,700/month ($5,425 in rents + $275 from laundry) with a current NOI of $44,250. Rents are below market, giving the next owner a clear opportunity to increase cash flow over time without needing a heavy lift. Major updates already taken care of, including a new roof and a boiler and water heater both under 10 years old, helping limit near-term capital expenses. This is a strong option for an investor looking for a stable, already-performing property with upside still left in it. On-site laundry adds an additional income stream, and the property is straightforward to manage in its current condition. Whether you plan to hold long-term or gradually raise rents and improve returns, there's room to execute your strategy here. Rent roll and financials available in documents.
Courtesy Of: 4 Sale Realty Advantage LLC
Feature Highlights
- Broker Owned/Interest
- Built Before 1978
General Features
- List Date:
- 04/22/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 102x301
Financial
- Days On Market:
- 9
- Tax Annual Amount:
- $8,274.00
- Tax Year:
- 2025
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Data last updated: 2026-05-14.
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