This 5-unit multifamily property in Northeast Kearney represents a rare opportunity for investors seeking stable income and long-term value. Each unit offers a desirable layout with two bedrooms and two bathrooms, providing consistent appeal for renters. Four of the units are equipped with one-car garages, adding functional convenience, while one unit features basement access for additional storage flexibility.
The well-maintained condition of the building minimizes upfront capital requirements, making it an attractive turnkey investment. The uniform unit configuration simplifies management, while the dedicated garages and extra storage enhance tenant retention. Kearney’s residential market continues to demonstrate steady growth, adding to the long-term investment potential of this asset. With opportunities for future rent stabilization or incremental value-add improvements, this property positions buyers to achieve solid returns.
Monthly Rent for Each Unit:
Unit #6: $1,050
Unit #7: $1,100
Unit #8: $950 No Garage
Unit #9: $1,000
Unit #10: $925