About this property

* SOLID, LOW MAINTENANCE INVESTMENT OPPORTUNITY * The fourplexes in the Orchard Park Apt community are rarely available, last sale was 2021. This is perfect if you're looking for your first rental property or want to expand your current portfolio by four doors! This apt community is located just south of Fircrest & east of University Place. It features four spacious 2-bed, 1-bath units, each with full w/d, fireplace + carport parking, a leasing advantage in this corridor. Unit C fully updated 2024. Both upper units have balconies, lower units enjoy patio space. New $20k roof. Lease renewals could provide the opening to implement RUBS to recapture w/s/g exp. One unit is expected to vacate 09/30 giving house hackers the chance to occupy one while the other 3 pay your mortgage. Great access to I-5, SR-16 & neighborhood services. For commuters to JBLM or going north to King County, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves your serious consideration. The chance to acquire a well-maintained 4plex with potential upside or owner-occupant flexibility are increasingly difficult to find in today's Puget Sound market. HOA covers garbage & landscaping. Clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.