900 Alvarez AVE

Offered at: $3,600,000

Year Built: 1980

MLS#: 41120785

Status: Active

Property Description

900 Alvarez Avenue is a well-located 12-unit apartment property offering a strong, investor-preferred unit mix of 11 two-bedroom units and 1 three-bedroom unit. Units feature functional, spacious floorplans with good natural light, private patios or balconies, and updated interiors including laminate flooring. Residents benefit from separate metering for water, gas, and electricity, supporting efficient utility management. Property amenities include on-site coin-operated laundry and 20 parking spaces, consisting of 8 covered carport spaces and 12 surface spaces, contributing to tenant convenience and operational efficiency. The property has demonstrated consistent occupancy and stable in-place cash flow, providing immediate income with long-term performance potential.