Located at 2833 Seneca Ave, this 15-unit multifamily property presents a compelling value-add investment opportunity with significant upside through lease-up. The asset consists entirely of studio apartments, all in good condition, with 8 units currently occupied and 7 vacant, offering investors the opportunity to increase cash flow by bringing the remaining units online. The property is currently producing approximately $5,600 in monthly rental income, with a projected gross monthly income of $10,500 at full occupancy, based on market rents of approximately $700 per unit. This provides immediate value-add potential without the need for major renovations. Estimated operating expenses remain efficient, including a 10% management fee, making the asset well-positioned for strong cash flow upon stabilization. Whether you're looking to expand an existing multifamily portfolio or execute a straightforward lease-up strategy, 2833 Seneca Ave offers an attractive combination of current income, operational simplicity, and long-term appreciation potential.