22-unit studio apartment building with strong cash flow and value-add potential. T-12 through May 2026 reflects approximately $189,000 NOI. Property features numerous upgrades, including plank flooring, LED lighting, composite decking, and four sets of coin-operated laundry equipment generating additional income. Opportunity exists to further increase revenue through operational improvements, potential heat pump installation, and possible expansion of basement space (subject to buyer verification, permits, and approvals).Property appraised at approximately $2.5M in 2023 prior to subsequent improvements and rent growth initiatives. Located in a desirable rental market with limited multifamily inventory. Seller financing, hard money, sale-leaseback, and other creative structures may be considered.
6,696 Sq Ft
0.68 Private Acres Losgröße
investition
1.380 $ Monatliche Steuer
Integriert 1965
MLS/Listing-ID 73534182
2 Geschichten
22 Einheiten
Parking - Paved
Shingle
Public Sewer
Public Water
Community - Public Transportation
Community - Park
Construction - Brick
Betonumrandung
GESAMTKOSTEN PRO MONAT
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