We are pleased to exclusively offer for sale this 6 unit cottage style multi-family investment in the city of Cudahy (no rent control.) The subject property consists of 4 detached buildings comprised of; two detached cottages and two duplexes. The single story cottages are both 2 bedroom-1 bathroom and offer private gated yards, private attached garage parking and private laundry hookups. The duplex buildings are comprised of 2 bedroom-1 bathroom units and offer private gated backyards, private attached garage parking as well as private laundry hookups. None of the units share common walls with another dwelling as the duplex units are separated by the one car garages. The owner only pays for water and trash as all units are separately metered for electricity and gas. At over a 6.5% true cash on cash return, this investment property offers significant cash-flow.
The subject property is located in the desirable rental community of Cudahy. Cudahy offers an investor a prime location with little turnover or vacancy. Rental demand has increased in the last few years and has driven the potential asking rent per rentable square foot in an investor's favor.