358 Yates Ave is being offered for sale at an asking price of $300,000, equating to approximately $42,857 per unit. The seven-unit multifamily property presents a compelling value-add investment opportunity with the potential for significant rent growth and operational enhancement. A projected renovation budget of approximately $105,000 ($15,000 per unit) has been identified to address unit improvements, turnover work, and stabilization needs, resulting in an estimated all-in cost basis of $405,000. Based on ownership's stabilized pro forma, the asset is projected to achieve annual gross scheduled income of approximately $131,400 and a net operating income of nearly $59,560. The investment thesis centers on acquiring the property below stabilized value, executing targeted capital improvements, increasing occupancy, improving collections, and achieving market rental rates. Upon stabilization, the property is projected to deliver strong cash flow and attractive returns, including a projected yield on cost exceeding 14% and a pro forma cap rate approaching 20%.