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2317 E Westmoreland St
For Sale $838,000
$838,000
- 4 Units
- Unknown Sq Ft
- 2,100 Sq Ft
- Unknown Cap Rate
Description
Rarely offered, fully renovated 4-unit mixed-use property with long-term residential and commercial tenants. This property boasts modern amenities with high-quality finishes throughout! This fully sprinklered building features three upscale 1-bedroom, 1-bath apartments and a long-term medical tenant on the ground floor, ensuring steady rental income.
Key Investment Highlights:
? Strong 7.87% Cap Rate – High-yield, income-producing asset
? Tax Abatement – 1 Years Remaining
? 100% Occupancy with Cash Flow – Long-term residential & commercial tenants
? Turnkey Condition – Low-maintenance, modern construction
? High-Demand Location – Steps from Aramingo Ave, I-95, transit, and retail hubs
? Quality Upgrades – Tankless water heaters, sliding glass shower doors, central air, LED lighting, granite countertops, tile flooring, stainless steel appliances
? Fire & Safety Compliance – Fire alarm monitoring & annual system maintenance
? Transferrable Roof Warranty – Added long-term value
This prime investment property offers a rare opportunity to acquire a stabilized, low-maintenance asset in a rapidly growing area. Perfect for 1031 exchange and portfolio investors! Location Perks: Close to public transportation, restaurants, retailers, hospitals, schools, parks, fitness centers, I-95, and just minutes from downtown.
Don't miss this highly desirable, fully occupied asset
The property generates an annual rent of $80,800 and is separately metered for electricity. This property offers a lot, including streamlined rental payments, secure waste management, and maintenance services. Don't miss out on this income-generating gem!
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $838,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1920 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 871586000 |
| MLS # | PAPH2586982 |
| Property ID | 322618178 |
| Lot Sqft | 2,100 |
| Zoning | ICMX |
| Total Units | 4 |
| Days on Market | 8 |
| Original List Price | Unknown |
| Date Updated | February 23, 2026 |
| Date Created | February 22, 2026 |
| Cap Rate | 7.87% |
| Land Value Unit Type | SF |
| Unit # | Beds | Baths | Use Type | Area RSF | Available | Current Rent | Proforma Rent |
| Unit #1 | — | Yes | $80,800 | $0 |
| Cap Rate | 7.87% |
Listing Provided By
Sokhoung Choing an agent of . Lic #RM422351
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Data last updated: March 02, 2026.
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Robert Crawford
REAL ESTATE AGENT