Home Details for 105 Pennsylvania Avenue

6 UNITS. 10.57% CAP RATE. IMMEDIATE CASH FLOW. A true 6-unit apartment building on one deed—a configuration that's genuinely difficult to find in today's market! Spanning approximately 4,000 square feet, the property features 6 spacious 1BR units w/ hardwood & luxury vinyl plank flooring throughout. Tenant-paid electric keeps operating expenses low, directly supporting the strong in-place returns. This is a true turnkey-or-upside opportunity: operate as-is and collect strong cash flow from day one, or update the units and push rents even higher. Four units are currently occupied; two tenants recently moved out — the landlord is intentionally holding one unit open for showings, while the other is heading to market soon. Rents stated reflect the actual, in-place rents collected. Perfect for investors expanding a multifamily portfolio or completing a 1031 exchange—a rare chance to own a proven, income-producing asset w/ immediate cash flow & real room to grow.

• Utilities

  • Electricity Available
  • Natural Gas Available
  • Phone Available

• Cooling Information

  • Window Unit(s)

• Heating Information

  • Natural Gas

• Water Features

  • Public