Property Description

501-509 Grant Street - 3-Building Multifamily Investment Portfolio A great opportunity to acquire a three-building, seven-unit residential portfolio in one transaction. Sold completely vacant, this property offers an investor immediate access to renovate without tenant buyouts or lease-driven delays. Significant prep work is already underway, including drywall installation across multiple units, giving the right buyer a head start on finishing rather than starting from a gut shell. High ceilings throughout provide a strong foundation for upscale, market-rate finishes. The portfolio includes 7 total units and 15 total bedrooms across the three buildings, plus a large rear parking lot - a genuinely rare find for a downtown infill property - and an additional office space on-site, offering flexibility for storage, leasing, or future development. Located in the heart of downtown Sunnyside, within a short distance of the university corridor, restaurants, and daily foot traffic, this property sits in a high-demand rental submarket with strong long-term upside. With renovation already partially underway, an investor can move directly into finishing interiors and stabilizing the units - with the rear lot and office structure adding further flexibility for parking monetization, expansion, or redevelopment down the line. This is a lucrative opportunity for an investor looking to reposition a downtown asset with real scale and real upside already baked in.

Property Features

Units

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