424 San Marco St is a well-positioned multifamily asset comprised entirely of 2-bedroom, 1-bathroom units, a desirable unit mix that supports lower tenant turnover and reduced turnover costs. This offering presents a compelling value-add opportunity with key capital improvements already completed, including vinyl windows and upgraded electrical panels. Ownership has demonstrated the potential for increased income, with rents exceeding $1,800 in at least one unit. The property offers tuck-under parking for all tenants, along with additional street parking for guests. Designed for operational efficiency, the asset benefits from low-maintenance landscaping, wall-mounted HVAC systems, concrete driveway and walkways, and a newly constructed trash enclosureall contributing to reduced ongoing capital expenditure needs.

Source: MetroList MLS, MLS#: 326031678