Property Description

This fully leased four-unit apartment building generates $3,840 per month in gross rent. The property is fully occupied. Three of the four tenants are CMHA, with recent rent increases in place. The fourth unit is a long-term private-pay tenant currently paying $850 per month. All tenants are on month-to-month leases with active HAP contracts in place where applicable. Owner pays for water and sewer, and tenants pay for gas and electricity. Mechanicals are in good condition. The property sits in a high-demand rental corridor on the west side, close to everyday retail, restaurants, and major commuter routes. Nearby amenities include Starbucks, grocery stores, fast-casual dining, and neighborhood services that support tenant retention and consistent occupancy. This location and tenant mix make it a straightforward, cash-flow-focused investment for buyers seeking predictable rental income. Contact Dontez for a tour.

Property Features

Local Schools