906 Birch St Canadian, TX 79014

This exceptional value-add investment opportunity presents a portfolio of two duplexes located at 906 E Birch St, Canadian, TX 79014. The property consists of four one-bedroom, one-bathroom units situated on a 0.344-acre lot. Built in 1981, these single-story buildings are currently operating at 100% occupancy, generating a pro-forma NOI of $20,897 and a pro-forma cap rate of 17.86%. The asking price is $117,000, representing a price per unit of $29,250. Significant value-add potential exists due to below-market rents. Recent improvements include new roofs installed in 2023 and updated interiors featuring laminate flooring in select units. The property is zoned MULTV3 and offers a compelling return on investment for savvy investors seeking a strong cash flow opportunity in the Texas market. This is a rare chance to acquire a well-located, multifamily property with immediate income and substantial upside potential. The property's strong occupancy rate and recent upgrades make it an attractive investment for both seasoned and new investors.