Courtesy of: Miranda Tulip, Property Shoppe Realty LLC, Miranda@propertyshopperealty.com
Courtesy of: Miranda Tulip, Property Shoppe Realty LLC, Miranda@propertyshopperealty.com
$499,000
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Lot: 0.63 Acres
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Other
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$499,000
7 Hewett Street 6 Turnkey 6-Unit Investment Opportunity with Strong Upside Potential! Don't miss this clean, well-maintained multi-family property offering immediate cash flow with room to significantly increase returns. Currently generating $4, 370/month, this 6-unit complex presents a prime value-add opportunity with below-market rents in several units and additional income potential from six garage stalls that could each rent for approximately $100/month. Originally redesigned and extensively renovated in 2012, the building was effectively rebuilt with modern layouts and updates. Each unit features separate utilities, including individual electrical panels and 20-gallon water heaters, providing efficiency and ease of management. The property includes a shared coin-operated laundry room and a private deck for the end unit, which also features its own in-unit washer and dryer. New front screen doors and well-kept interiors reflect pride of ownership throughout. Additional highlights include a newer metal roof (unknown exact year) and a detached garage built in 2016, offering further income potential. Located in a convenient, high-demand area just behind a popular retail and convenience hub, the property benefits from strong rental appeal and tenant convenience. Whether you're looking to expand your portfolio or step into a solid income-producing property with upside, this investment checks all the boxes-stable, clean, and full of opportunity. Schedule your showing today and explore the potential this property has to offer!
Courtesy of: Miranda Tulip, Property Shoppe Realty LLC, Miranda@propertyshopperealty.com
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