408 W Colorado Avenue

Investor special with substantial upside. 14 units that are 1-bedroom, 1-bath units, plus a common-area laundry space ideal for installation of coin-operated laundry machines. All improvements must be sold together. 4 of the units are currently occupied. Several of the vacant units seek renovation prior to occupancy, presenting a value-add opportunity for investors seeking a renovation, redevelopment, or phased rehab project. Once improved, the property offers strong potential for multiple income streams and long-term cash flow. Ideal for investors, builders, or redevelopment buyers. Property is being sold as-is, with no repairs to be made. Must be sold with MLS #1212194 a 2-bedroom, 1-bath single-family home. Buyer to verify zoning, permitted uses, unit count, occupancy, utilities, rental restrictions, square footage, and feasibility of restoring units.