Well-maintained 15-unit apartment complex on a valuable corner lot in a rapidly improving neighborhood, offering strong current income and long-term upside. The property includes two 4-plex buildings (1940) and a 7-unit garden-style building (1962), with a total of 10,800 SF and an average of 720 SF per unit. Amenities include on-site laundry, three garage units, two storage rooms, and ample parking. All units feature central AC; the front buildings have been repiped with PEX plumbing and individual shut-offs. Recent improvements include new roofs (2020), electrical upgrades (2021), resurfaced parking lot (2021), multiple HVAC replacements, new commercial laundry units, updated kitchens in two units, and several new water heaters. Certificate of Occupancy was renewed in 2021. With over $100K in recent capital improvements, steady tenant demand, and prime location, this turnkey investment provides immediate cash flow and future growth potential.
Leasingperiod
12 months10,100 Sq Ft
0.287 Privata hektar Partistorlek
investering
20 US$ Månadsvis Underhåll/CC
Inbyggt 1940
MLS/Listnings-ID 70116432
2 Berättelser
Lot - Subdivision Lot
Parking - Auto Garage Door Opener
Parking - Less than One
Sammansättning
Kylskåp
Diskmaskin
Construction - Wood Siding
Construction - Brick
Cooling - Electric
Cooling - Ceiling Fans
Naturligt trä
Tile
Heating - Natural Gas
Parking - Garage
Parking - Carport
TOTAL MÅNADSKOSTNAD
0 US$
0 US$
0 US$