Exceptional multi-family investment opportunity featuring 23 one-bedroom, one-bath units spread across three separate buildings, offering strong rental demand and operational flexibility. The property also includes a 24th unit currently operating as a Speed Queen laundromat, providing an additional income stream and a convenient on-site amenity for tenants.
Each unit offers a functional 1 bed / 1 bath layout, ideal for consistent occupancy and easy management. The three-building configuration helps distribute utilities and maintenance while creating a comfortable residential environment for tenants.
A major highlight of this property is the additional lot space, presenting excellent future development or expansion potential. Whether you're looking to add more units, enhance amenities, or increase parking capacity, the extra land provides room for growth and value appreciation.
Key Features:
23 residential units (all 1 bedroom / 1 bathroom)
3 separate buildings for flexible management
Speed Queen laundromat operating in the 24th unit (additional income potential)
On-site laundry amenity for tenants
Extra lot space for expansion or development
Strong rental demand with efficient unit layouts
Ideal for investors seeking cash flow with value-add potential
This property offers a compelling combination of steady income, tenant convenience, and future upside, making it a strong addition to any real estate investment portfolio.
