$284,900
Stabilized five-unit multifamily property in Glenwood City offering immediate operational continuity and long-term ownership value. With all units occupied and a history of low vacancy and limited turnover, this property presents a practical opportunity for buyers seeking a manageable first multifamily acquisition or a seamless addition to an existing rental portfolio.
The building has seen consistent care and selective improvements over time, including remodeled units, newer vinyl siding, and a roof replaced approximately ten years ago—helping reduce near-term capital uncertainty. The diversified unit mix supports steady operations while keeping the overall scale approachable for hands-on ownership or streamlined management.
An additional cement block storage building adds functional utility and flexibility for ownership.
Supporting documentation, including a current rent roll and operating history, is available in the
supplements to assist buyers with underwriting and informed decision-making.
Well-suited for buyers focused on acquiring a stabilized income-producing property that can be stepped into with minimal disruption, this offering balances operational stability with long-term hold potential in a market known for consistent rental demand.
8
Beds
⋅
7047954
MLS
104 Pine Street, Glenwood City
Listing courtesy of EXIT Realty Springside.
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