546 Alvarado Dr SE

Recent Price reduction! This fourplex presents an exceptional opportunity for seasoned investors and aspiring landlords alike. This property not only boasts a convenient location but also offers the potential for significant returns with below-market rents ripe for adjustment.

Key Features:

1. Renovated Units: Three out of the four units have undergone recent renovations, ensuring modern comforts and aesthetic appeal for prospective tenants. From updated kitchens to stylish bathrooms, these units exude contemporary charm and functionality.

2. Income Potential: With below-market rents currently in place, there's ample room for rent increases to align with the neighborhood's rental rates. This presents an enticing opportunity for savvy investors to maximize rental income and enhance overall cash flow.

3. Low Vacancy Rates: The demand for quality rental properties remains consistently high in this sought-after area, minimizing vacancy risks and ensuring a steady stream of potential tenants.

4. Individual Meters: Each unit is equipped with separate utility meters, offering convenience for both landlords and tenants while promoting responsible utility usage.

Unit Breakdown:•

Unit 1: 1 Bedroom 1 Bath 650 sq ft

Unit 2: 1 Bedroom 1 Bath 650 sq ft

Unit 3: 2 Bedroom 1 Bath 850 sq ft

Unit 4: 2 Bedroom 1 Bath 850 sq ft