PRIME INVESTMENT OPPORTUNITY- 8 Plex in a highly walkable Portsmouth Neighborhood on two separate lots, with a 9% rent increase coming August of 2026. Rare opportunity to acquire a well-located 8-unit multifamily property. Situated on 0.58 acers in the desirable and highly walkable Portsmouth neighborhood. This well maintained property has a newer 50 year roof and features eight 2 bedroom, 1 bath units, each equipped with a refrigerator and range, filled with natural light, large common front yard offering open green space. On site coin laundry and assigned parking located at the rear of the property. An excellent opportunity for investors seeking steady rental income in a strong location, or for owner-operators looking for solid long term assets in a sought after neighborhood.
ARCHITECTURE
Stories: 1
Condition: Unknown
Year Built: 1955
Roof Type: Composition
Foundation Details: Concrete Perimeter
Basement Details: Crawl Space
INTERIOR FEATURES
Heating Type: Forced Air
Fuel Type: Gas
Interior SqFt: 6370
EXTERIOR FEATURES
Lot Features: Public Road
Lot size (Acres): 0.58
Zoning: R 5
Water Source: Public Water
Sewer: Public Sewer
SCHOOLS
Elementary: Rosa Parks
High School: Roosevelt
Middle: Astor
TAX & FINANCIAL
Annual Tax: $15025.18
Terms Considered: Cash, Conventional
Tax Year: 2025
LISTING INFO
Listing courtesy of Keller Williams Sunset Corridor
Member of: National Association of REALTORS® (NAR)
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Property ID - | 717673
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