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Value-add multifamily opportunity on South Dixie Highway featuring 11 income-producing units on 2.02 acres with strong in-place cash flow and expansion upside. All units were extensively remodeled in 2024–2025, minimizing near-term CapEx, with new roofs on the houses (2022) and apartments (2024). The property was upgraded from septic to city sewer with a heavy-duty pump station and new piping designed to support future expansion. Recently rezoned from R-6 to R-7 High Density Residential, the site includes a preliminary plan allowing six additional 600 SF units, increasing total potential to 17 units while remaining within zoning density requirements. Gross income over the past 12 months totals approximately $93,547.29, with detailed financials and documented capital improvements available.
Copyright © 2026 Carpet Capital Association of REALTORS®. All rights reserved. All information provi...
Copyright © 2026 Carpet Capital Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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