128 Second LIN W

Key facts

• Property type: Multi-family
• Transaction: For Sale
• Price: $899,900
• Interior size: 4,352 sqft
• Year built: 1949
• Listing key: 29050369

Listing overview

Welcome to 128 Second Line West ($949,500), an exceptional multi-unit income property offering immediate cash flow and incredible long-term development potential. This solid six-unit building features four 2-bedroom apartments, one 1-bedroom unit, and one spacious 3-bedroom unit, providing a balanced mix of rental options to attract a variety of tenants. Situated on an impressive 475-foot deep lot, this property opens the door to future possibilities and envision constructing another 6-plex, commercial building, or mixed-use development, subject to city approval. With the 6-plex itself, the groundwork is already laid for success, with a brand-new $43,000 maintenance-free metal roof that was recently installed, ensuring peace of mind for years to come. While some updating would enhance returns and appeal, the fundamentals are rock-solid: strong structure, desirable location, and exception...