First time ever on market, this prime custom -constructed 4-yunit property is located in the City of Cypress. Rarely available in this submarket, all units feature townhome style interiors and a private yard with detached double enclosed garage. Surrounding neighborhoods are continuing to gentrify with smaller and mid-sized attractive condominium and apartment projects. This is a great investment opportunity to acquire a 90's constructed building in a diversified and vibrant submarket. Thoughtfully developed with detached double garages for each unit, forced and and A/C, private yards, (5) water meters, and (5) gas & electric meters.
The property has (3) two-bedroom, 1.5 ba townhome units (Units 2-4), and (1) three-bedroom, 2.5 ba floorplan (Unit 1). The three bedroom unit has an in suite bath in the master bedroom,. The upstairs bedroom in all units feature vaulted ceilings.
The pitched composition roof was replaced in 2019 along with any dry rotted eves, and the building was fumigated in 2019 as well. the property boundaries are lined with block walls. There is a concrete motor court with (5) additional off-street spaces, along with the (4) double garages. There is great value-add potential with minimal interior upgrades and the City of Cypress supporting higher overall rents.