Take note of this massive value-add potential at 6332 Elmwood Avenue, a substantial three-story multi-family shell primed to become the crown jewel of your portfolio. Boasting over 4,000 sq. ft. of raw potential, this property is currently framed for (4) spacious two-bedroom, one-bathroom apartments on the upper levels. The expansive main level offers a blank canvas, suited for conversion into a high-end fifth unit to maximize your bottom line. With the upper units alone projecting a monthly rental income of $4,200 ($1,050 per unit), finishing the main floor provides a clear path to pushing your total monthly revenue past the $5,500 mark. The framing is set and the units are separated—all that’s missing is your vision. Inquire today!
Listed by:
Trustart Realty
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 26, 2026 | 9 days ago | Price decreased19,500 (6%) | $305,500 |
| May 6, 2026 | 28 days ago | New on market | $325,000 |