Description
Stabilized five-unit multifamily property in Glenwood City offering immediate operational continuity and long-term ownership value. With all units occupied and a history of low vacancy and limited turnover, this property presents a practical opportunity for buyers seeking a manageable first multifamily acquisition or a seamless addition to an existing rental portfolio. The building has seen consistent care and selective improvements over time, including remodeled units, newer vinyl siding, and a roof replaced approximately ten years ago—helping reduce near-term capital uncertainty. The diversified unit mix supports steady operations while keeping the overall scale approachable for hands-on ownership or streamlined management. An additional cement block storage building adds functional utility and flexibility for ownership. Supporting documentation, including a current rent roll and operating history, is available in the supplements to assist buyers with underwriting and informed decision-making. Well-suited for buyers focused on acquiring a stabilized income-producing property that can be stepped into with minimal disruption, this offering balances operational stability with long-term hold potential in a market known for consistent rental demand.
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8BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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3,000SQFT
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$95$/SQFT
Listing courtesy of EXIT Realty Springside.Description
Stabilized five-unit multifamily property in Glenwood City offering immediate operational continuity and long-term ownership value. With all units occupied and a history of low vacancy and limited turnover, this property presents a practical opportunity for buyers seeking a manageable first multifamily acquisition or a seamless addition to an existing rental portfolio. The building has seen consistent care and selective improvements over time, including remodeled units, newer vinyl siding, and a roof replaced approximately ten years ago—helping reduce near-term capital uncertainty. The diversified unit mix supports steady operations while keeping the overall scale approachable for hands-on ownership or streamlined management. An additional cement block storage building adds functional utility and flexibility for ownership. Supporting documentation, including a current rent roll and operating history, is available in the supplements to assist buyers with underwriting and informed decision-making. Well-suited for buyers focused on acquiring a stabilized income-producing property that can be stepped into with minimal disruption, this offering balances operational stability with long-term hold potential in a market known for consistent rental demand.
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