1664 Stevens St fourplex has an attractive in place cap rate of 7.05%. 1656 Stevens St fourplex next door listed and owned by the same owner can also be acquired. All units are 2-bed/1-bath floor plans that are 799 square feet each. In addition to the 4 apartment units, there are 4 storage rooms, an onsite laundry room, a courtyard, and 5 parking spaces. The owner has recently installed new roofs, painted the exterior with new two tone paint, and has semi-renovated the interiors of all units. The owner currently has a professional property management company managing the property, and current management will continue managing the property for the new buyer, if desired.
Courtesy of Blake Leavitt with Keller Williams MarketPlace. Selling Office: eXp Realty.
