9-Unit Income Property in Frenchmans Bay
Available on request
40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
Available on request
40 catalogue images. Media provenance, current condition and usage rights are confirmed before an introduction.
Investment opportunity: 9-unit income property with currently 8 units rented and 1 unit vacant. The property consists of 4x-1BR, 4x-2BR, and 1x-Studio units, most on month-to-month terms, allowing flexibility. All units include AC and appliances, and most are furnished. There is a coin-operated laundry facility on-site.
Utilities are separately (sub)metered for all units except the studio, and WAPA water is provided. The property features solar power with 86 panels and batteries, providing backup energy. Off-street parking is available.
This is a grandfathered multi-unit property offering strong value-add and cash-flow potential in a high-demand rental market. It also has great potential as a short-term rental property (Airbnb, etc.).
The location is excellent, just a 1-minute drive to Havensight. Property sold as-is.