Property Description

Turnkey 4-unit investment property offering immediate cash flow, strong rental demand, and significant upside potential. Whether you’re an investor looking to expand your portfolio or an owner-occupant seeking to build wealth through house hacking, 4106 Old York Road presents a unique opportunity to let your tenants help pay your mortgage while building long-term equity. The property consists of four residential units, including two 1-bedroom apartments and one 2-bedroom apartments. Three units are currently occupied and generating income, while the vacant 1-bedroom unit offers immediate flexibility for an owner-occupant to move right in or for an investor to lease at market rent and increase cash flow from day one. Current rents provide stable income with additional upside through the vacant unit and below-market rental potential in one of the occupied apartments, with projected gross annual income approaching $58,000 when fully stabilized. Recent improvements include a newer roof, helping to reduce future maintenance concerns, while separately metered electric service keeps operating expenses low and predictable. With annual taxes of approximately $2,400, the property offers attractive numbers for investors seeking strong returns and long-term appreciation. Located in a high-demand rental market with convenient access to major roadways, public transportation, shopping, restaurants, and employment centers, this multifamily property combines immediate income with future growth potential. Opportunities to purchase a cash-flowing four-unit building with a vacant unit, low taxes, strong rental history, and value-add potential are becoming increasingly difficult to find. Whether you’re looking for your next investment property or a rare house-hack opportunity, 4106 Old York Road deserves a spot at the top of your list. Schedule your private showing today.

Property Features

Local Schools