Turnkey, fully renovated 8-unit multifamily investment opportunity with additional included adjacent parcel (1738 Queen City Ave) offering immediate income potential and future development upside.
The property consists of four 2-bedroom units and four 1-bedroom units, all recently updated with brand new kitchens, bathrooms, flooring, and appliances. Units feature modern finishes including new cabinetry, countertops, and tiled showers, designed for durability and strong tenant appeal.
Major capital improvements have been completed with permits, including:
Full building replumb
All new HVAC / heating systems
New roof and windows
Updated electrical components
Recent fire escape inspection with passing certificate
This is a true low-maintenance asset with significant deferred maintenance eliminated.
The offering also includes the adjacent lot at 1738 Queen City Ave, which has been cleared, leveled, and prepped for use. The lot features an existing curb cut and street access, making it immediately suitable for:
Off-street parking (8–12+ spaces)
Fenced, secure tenant parking
Future development or expansion
This added parcel provides both immediate ancillary income potential and long-term upside, a rare combination in this market.
Strategically located along the Queen City corridor with strong rental demand, this property is ideal for investors seeking a stabilized, cash-flowing asset with additional value-add opportunity.