127 Regency

Phenomenal opportunity to get a fully occupied cash-flowing investment property with a great cap rate, long-term stable tenants, and large sized units. Conveniently located near John Stockbauer Dr. near schools, shopping, dining, and more. This sizeable 4,020 sq. foot, 4-unit multi-family property features four townhomes, each of which is over 1,000 sqft with 2 bedrooms and 1.5 baths. Interiors have tile and either carpet or laminate flooring, central air/heat, and good size bedrooms and kitchens/living areas. Separate washer/dryer connections, electric meters, private patios, and eight designated parking spaces. A new roof was installed in 2019 and the exterior updated in 2021. Unit D was remodeled 2 years ago. Two leases expire this year in August, 2024 allowing for a great opportunity to raise rents to market rates. Total current rents are $3,245.