Courtesy of: Bridget Knower, Prime Real Estate, knowerb@gmail.com
Courtesy of: Bridget Knower, Prime Real Estate, knowerb@gmail.com
$825,000
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10 bed
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6.00 Bath (6 Full)
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Lot: 0.67 Acres
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Other
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$825,000
4042 Loop 1781 Rare Waterfront Investment Opportunity - 5 Units with Exceptional Water Views | Seller Financing Available. This is a unique opportunity to acquire a 5-unit multifamily property consisting of 2 duplex homes and a single-story home, ideally positioned to capture expansive water views that are rarely available at this price point. Each unit benefits from a setting typically associated with high-end residential properties, enhancing both tenant demand and long-term value. The property includes five 2-bedroom, 1-bath units with a consistent rental history and stable income performance. The efficient unit mix appeals to a broad tenant base, while the proximity to the water provides a meaningful competitive advantage in the market. Financial highlights include excellent annual income, strong in-place cash flow, and additional revenue from on-site laundry. The property is not subject to HOA restrictions, offering operational flexibility for ownership. This offering stands out due to the combination of multiple income-producing units and unobstructed water views, creating both immediate cash flow and long-term appreciation potential driven by location. There is also opportunity for future upside through rent adjustments, operational efficiencies, and alternative rental strategies, subject to buyer verification. Seller financing is available for qualified buyers, with terms structured to reflect current market conditions and buyer strength. The property is offered as a package, with potential flexibility to sell the triplex and duplex separately.
Courtesy of: Bridget Knower, Prime Real Estate, knowerb@gmail.com
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