53-55 Roosevelt Street

Description

Investor Opportunity! This 4-unit multifamily property offers excellent upside potential and a desirable unit mix featuring two spacious 4-bedroom units and two 1-bedroom units. Currently, 3 units are vacant, providing investors the opportunity to set market rents and maximize cash flow. One 1-bedroom unit (Unit A) is currently tenant-occupied under a Section 8 voucher at $1,100 per month, providing immediate income. This property is ideal for value-add investors looking to renovate, lease up, and significantly increase rental income. With multiple vacant units, buyers have the flexibility to complete improvements and stabilize the property at current market rents. Private financing may be available for qualified investors with acceptable collateral. A great opportunity to expand or start your multifamily investment portfolio.