3218 Hyde St

Description

This well-maintained income-generating property includes four (4) one-bedroom, one-bath units, plus three (3) detached garage spaces that provide additional rental income. Each unit features a separate laundry room with washer/dryer hookups, granite countertops, a functional layout, and abundant natural light. The vacant unit was recently renovated with luxury vinyl plank (LVP) flooring, a new gas range, updated kitchen sink and faucet, granite countertops, and fresh paint. Two other units were updated in 2022 with new carpet (25-year warranty) and interior paint. Water heaters have been recently replaced in three of the four units. The building also benefits from an upgraded electrical panel, reducing maintenance risk and enhancing long-term service reliability. Recent capital improvements within the last year include a new roof and full exterior paintingboth significant upgrades that position the property for long-term, low-maintenance ownership. Each unit is separately metered for gas and electricity, allowing for efficient expense control and reduced landlord utility obligations. With rents at or near market levels, the property offers immediate, stable cash flowa rare find in today's rental market.