Listed by Deric S Beckett of Berkshire Hathaway HomeServices PenFed Realty
Exceptional value-add investment opportunity featuring a 7-unit multifamily property with tremendous income potential. The building consists of six 1-bedroom units and one spacious 2-bedroom unit, offering a desirable unit mix for steady rental demand. With over 4,000+ square feet of living space, this corner property provides significant upside for investors looking to renovate and increase cash flow. The property includes individual gas and electric meters for each unit, helping reduce owner expenses, plus a detached 2-car garage that offers additional income potential through parking or storage rental. Exterior features include a side courtyard, fenced backyard, and prominent corner location with strong curb appeal possibilities. While the building requires renovation and improvements, it presents an excellent opportunity for investors, contractors, or developers seeking a project with substantial long-term potential. Ideal for portfolio expansion or repositioning strategy. Cash, hard money, or commercial financing only. Property sold strictly as-is. Incredible opportunity to add value and maximize returns.

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Property Details of 1400-1402 Madison Avenue

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