130 Elm Street
$1,125,000
Turn-key 4-unit investment property with built-in upside in central Roseville! Three of the four units have been tastefully remodeled with updated kitchens featuring quartz counters, modern cabinetry, tile backsplashes and stainless steel appliances. Bathrooms include updated tile surrounds, vanities, and flooring, plus updated light fixtures and laminate floors throughout. All units have newer in-wall A/C units, recently replaced gas heaters and upgraded dual-pane windows. The bottom two units offer private outdoor space as well. 2 units are on new leases with rents set to automatically increase at the annual renewal. New ownership can increase cash flow by implementing a utility reimbursement system and placing new tenants at market rate in 2 intentionally unoccupied units. Each unit comes with two off-street parking spaces, access to on-site laundry (providing additional income), raised gardening beds and lawn space. Ideally located near Downtown Roseville's cafes, restaurants and nightlife, with close proximity to parks, commute routes and Roseville schools. Vacancies in these units is historically extremely low. This property offers a rare blend of stable improvements and future growth in one of the region's most desirable rental markets. Come add this one to your portfolio.