20-Unit Garden-Style Rental Apartment Community

Explore the charm of the Plaistow neighborhood surrounding this multifamily property. Nestled in a peaceful, residential area, residents will enjoy easy access to local parks, playgrounds, and walking trails, offering a perfect balance of tranquility and recreation. Nearby conveniences include shopping centers, dining options, and community services, providing all the essentials within reach. With its close-knit community and family-friendly atmosphere, this location is an attractive prospect for low-rise/garden multifamily investors seeking to offer residents a comfortable and connected lifestyle in a serene setting.This impressive property portfolio consists of three adjacent lots with four freestanding buildings, totaling 20 residential units. The well-maintained buildings at #3, #3A, and #4 each contain six units—all featuring two bedrooms, one bathroom, and separately metered utilities for both electricity and heat. #5 Shady Lane offers a standalone duplex, with both units boasting spacious two-bedroom layouts and an additional finished room with a closet in the basement. Recent capital improvements include replaced windows, new kitchens, and a brand new roof on Building #5. This portfolio delivers immediate cash flow, along with significant value-add potential—current rents are more than 50% below market, and the majority of tenants are month-to-month, providing flexibility for future repositioning. With its strong rental history, solid maintenance, and prime location, this is an outstanding opportunity for investors seeking a turnkey multifamily asset with substantial upside. Coin-operated laundry rooms for tenant's convenience.