This 3-unit multifamily investment presents a strategic opportunity for investors looking to unlock significant value. With two 2-bedroom units and one 3-bedroom unit, and tenant-paid utilities, the property offers immediate potential for equity growth. Two vacant units provide a chance for targeted renovations, allowing investors to enhance the property and bring rents to market levels. Recent closed comparables, such as 64 Spring St at 425k, 18 Dewitt St at 485k, and 246 Columbus Ave at 510k, indicate a 46k-131k value gap, making this asset an attractive investment with substantial upside.