Description
Unleash the untapped potential of this 6-unit multi-family gem, delivering an impressive 8% cap rate that promises a rewarding return on investment. the current net operating income (noi) of $28,121 merely scratches the surface, as tenants currently enjoy below-market rents for these generously sized 2-bedroom, 1-bath units. envision the financial transformation when rental rates are adjusted to a modest market rate of $850 per unit, propelling the projected noi to a remarkable $52,057. elevate your investment portfolio with a property that has undergone recent upgrades, including a brand-new roof, fresh siding, updated windows, and modernized a/c units installed within the last few years. these enhancements not only enhance the property's curb appeal but also signify a commitment to quality and long-term sustainability, ensuring a sound investment for discerning buyers seeking both immediate returns and future appreciation.
Property Type
ResidentialCounty
DaleStyle
ResidentialAD ID
48548309
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Property Details
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BuyOwner last updated this listing 04/14/2025 @ 21:42
- MLS: 202045
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Dothan
is a Home, with 12 bedrooms which is for sale, it has 4,680 sqft, 2 sized lot, and 0 parking. are nearby neighborhoods.