Investment opportunity featuring **two duplex buildings (4 units total)** situated on a large 1/3-acre lot adjacent to Ellis Lake with direct access from the property. Each unit offers a spacious 2-bedroom, 1-bath floor plan with in-unit washer and dryer. The oversized lot offers future development potential, with room that may accommodate additional units, such as an ADU or duplex ADU, subject to buyer verification of zoning, approvals, and development standards. New roofs have just been completed, providing added value and reducing near-term capital expenses. Current gross annual rents are **$67,200** ($1,400 per unit), producing an approximate 6.4% cap rate based on current operating history. Additional upside may exist through implementation of a RUBS (Ratio Utility Billing System) program, allowing a future owner to recover a portion of utility expenses, subject to buyer verification. Photos were taken prior to the current tenants moving in. Shown by appointment only. Please do not disturb tenants.