163 E 9th St

Investment Opportunity: Profitable Multi-Family Property in Oswego!

Discover a fantastic investment opportunity with this well-maintained multi-family property located in downtown Oswego. Built in 1890, this property offers a blend of classic charm and modern convenience, making it a highly desirable rental.

Property Highlights:

Units: 6 total units, comprised of three spacious 2-bedroom/1-bathroom apartments and three comfortable 3-bedroom/1-bathroom apartments.

Building Configuration: Features a front building with 2 units and a rear building with 4 units, providing diverse tenant options.

Modern Amenities: Each apartment is equipped with a wash/dryer, refrigerator/freezer and range/stovetop.

Walkable Location: Boasting a Walk Score of 72, residents can easily access local amenities and enjoy the vibrant neighborhood.

Nearby attractions: Close proximity to nearby attractions including H. Lee White Marine Museum, Battle Island State Park, and Sterling Nature Center.

Convenient Access: Oswego Hospital is just 1 mile away, ensuring easy access to to healthcare.

Investment Summary:

This property presents a solid investment with a strong cap rate of approximately 10% after the only vacant unit is rented and excellent overall rental income potential. The combination of its convenient location, modern amenities, and diverse unit mix makes it an attractive option for tenants. Don't miss out on this opportunity to add a profitable multi-family property to your portfolio!

See attachments for financial information.