Property Description

Fully renovated REO triplex in the rapidly developing Strawberry Mansion corridor, ready for immediate lease-up. 3008 W. Dauphin Street features a total of three units, all completely rehabbed by the bank with modern finishes, updated systems, and clean, turnkey condition—ideal for an investor seeking a stabilized rental or house-hacker opportunity. The property consists of: Two (2) 2-bedroom / 1-bath units. Projected rents are approximately : $1,150/month each One (1) 1-bedroom / 1-bath unit. Projected rents are approximately: $1,000/month Projected gross annual income: $39,600 once fully leased. The building has been fully renovated, minimizing near-term capital expenditures, and offers strong long-term rental demand driven by proximity to public transportation, major employment centers, and ongoing neighborhood revitalization. This is a bank-owned (REO) property being sold as-is, with clean title and a straightforward acquisition process. Ideal for buy-and-hold investors looking for a renovated small multifamily asset with solid cash flow potential. Property listed as RSA5 but has a use variance for 3 family dwelling.

Property Features

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