Mary Cate Apartments is located in a high demand area with all heavy lifting done! Brand new TPO roof, new hardi siding and Sherwin Williams exterior paint in 2024, along with most units beautifully renovated and placed with great tenants. An incoming investor can achieve an above-market return immediately, with the potential to renovate the remaining 2 units to stabilize at a cash-on-cash return exceeding 7% and an internal rate of return (IRR) of 20%. Located just blocks from restaurants, shopping, grocers, and vibrant nightlife, Mary Cate is ideally positioned for tenant demand. The property comprises four ±605-square-foot one-bedroom/one-bathroom units and four ±805-square-foot two-bedroom/one-bathroom units. Each unit features spacious layouts, patios or balconies, access to onsite common laundry, and twelve dedicated onsite parking spaces. 6 of the 8 units have already been upgraded with high-end renovations, allowing a savvy investor to capture additional upside by modernizing the remaining two units.