Well-maintained 4-unit investment property in a desirable residential setting, surrounded primarily by single-family homes and located less than one mile from the multimillion-dollar Campbell Community Literacy Workforce and Cultural Center (CLWCC)—a major community investment that enhances the area’s long-term appeal and supports continued rental demand.
This all-brick 4-unit apartment building features four 2-bedroom, 1-bath units and currently generates approximately $39,000 in gross annual income, providing immediate cash flow with future upside potential.
The property has benefited from meaningful capital improvements, including roof shingles replaced in 2019, vinyl replacement windows, three updated kitchens, and additional interior updates throughout. The solid brick exterior adds durability, attractive curb appeal, and lower-maintenance ownership appeal for investors.
Operationally, the property is straightforward: one central boiler system, with the owner paying gas, water, sewer, and trash, while tenants pay their own electric. Based on current numbers, the property produces approximately:
Gross Income: $39,000
Utilities: ($8,000)
Insurance: ($1,400)
Real Estate Taxes: ($3,784)
Approximate Net Income: $25,816
MORE PHOTOS TO COME SOON !
Whether you’re adding to an existing portfolio or acquiring a dependable income-producing asset, this property offers stable rental income, recent capital improvements, and long-term upside in a strong residential rental market.
Solid brick. Proven income. Stable returns—with room to grow. AGENTS READ BROKERS REMARKS !
