Home Details for 263 W CENTER ST

Prime Investment Opportunity in Historic Downtown Logan! Located on Center Street in the heart of Logan, this fully leased six-plex is a rare find for investors looking for strong cash flow, long-term stability, and future income potential. With 100% occupancy, an excellent rental history, and over a decade of solid financials, this property delivers consistent income from day one. Each of the six spacious one-bedroom units features a family room, kitchen, and bathroom, offering comfortable living that keeps tenants happy and retention strong. Tenants also enjoy a shared coin-operated laundry facility and plentiful off-street parking, a major bonus in the downtown area and a huge draw for renters. One of the standout features is the additional land behind the six-plex, offering exciting potential for future income. This space could be utilized for tenant storage units, secured storage, or other creative income-producing uses, adding another layer of value and opportunity for the next owner. The property has been thoughtfully updated, saving you from costly capital improvements often associated with historic buildings. Recent upgrades include a newer roof (approximately 34 years old), updated electrical, fresh flooring, and newly painted kitchen cabinetry. All units include ranges and refrigerators. The owner covers gas while tenants pay remaining utilities, keeping operations simple and efficient. With its unbeatable downtown location, ample parking, expansion potential, modern updates, and proven financial performance, this six-plex is a true turnkey investment with room to grow. Opportunities like this don't come along often. Buyer to verify all information.

• Utilities

  • Natural Gas Available
  • Natural Gas Connected
  • Electricity Connected
  • Sewer Connected
  • Water Connected

• Cooling Information

  • None

• Heating Information

  • Radiant