10-Unit Multi-Family Investment in Charming Downtown West Point Rare opportunity to acquire a well-maintained 10-unit apartment building in the heart of downtown West Point. Ideally located in a charming and walkable community near shops, dining, and the riverfront, this property benefits from exceptional rental demand due to the limited supply of apartment housing in the area. Most units have been recently renovated, each offering 2 bedrooms and 1 full bath with spacious layouts that appeal to long-term tenants. All units are individually metered for electricity, with one master water meter for easy management. Major capital improvements include a new roof, reducing future maintenance expenses. This property presents a true value-add opportunity, as current rents are under market and can be increased with minimal updates to capture the area’s strong rental demand. With stable occupancy and significant upside potential, this building is an excellent addition to any investment portfolio.
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Listing Snapshot
Price
$1,650,000
Days On Site
40 Days
Bedrooms
N/A
Inside Area (SqFt)
8,742 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.33 Acres
Year Built
1963
MLS® Number
2601231
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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