About 104 N Heights Drive
Investor and owner-occupant opportunity in the growing Crowley market. This well-maintained 3,448 sq ft multifamily property is now priced at $565,000 and offers immediate cash flow with long-term upside. Zoned MF, the property includes four 2-bed, 1-bath units. Three units are currently rented, and the owner occupies the fourth, providing flexibility to convert the owner’s unit into additional rental income or retain it for on-site management. A recent professional inspection has been completed, and only minor items were noted. The seller is proactively addressing these items, offering buyers added confidence and a smoother transition.
This asset is ideal for investors seeking a value-add opportunity or buyers looking to live in one unit while leasing out the others. The property is positioned near schools, retail, and major highways, placing it within a high-demand rental corridor supported by strong area growth. With room to raise rents to market levels and potential for cosmetic upgrades, the pro forma upside is strong. This 4-plex offers a compelling combination of stability, income, and future potential.
Highlights:
– Zoned MF, supporting multifamily use and future expansion
– Three of four units rented, providing immediate income
– Live-in investment potential for buyers seeking to offset housing costs
– Recent inspection completed; seller addressing minor items
– Value-add potential through renovations and rent optimization
– Strong location near schools, retail, and major highways
– Crowley market experiencing steady population and job growth
– New price of $565,000 enhances overall value
This property delivers on location, flexibility, and income potential, making it a strong fit for portfolio expansion or an excellent entry point for owner-investors seeking built-in cash flow.
