Great investment property in a highly profitable area! This 11-unit apartment building just had renovations finished last week. 10 out of the 11 units were fully renovated including; new flooring, kitchens, bathrooms, and wall furnaces. The building has brand new PEX plumbing throughout, updated breaker boxes, and the roof was… Read More just recoated in the fall. There are laundry hook-ups on site with the potential for coin laundry. All units have separate gas and electric meters. The one un-renovated unit has a long term section 8 tenant in place paying $975/month. Total Market Rent- $10,225 (One beds $975, Studios $875) Utilities not paid by tenants - $740-840/month Insurance - $525/month Taxes - $7,300/year This building just needs a new owner ready to place tenants and bring in all the cash flow. Reach out before it's gone! Read Less
Courtesy of Keller Williams Paint Creek.
Listing Snapshot
Days Online
29
Last Updated
Property Type
Commercial/Industrial
Square Ft.
4,804
Lot Size
0.34 Acres
MLS Number
60969429
30 Days Snapshot Of 48342
$161k
0%
(avg) sold price
8
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Building
4,804 square feet
Exterior Features
Brick
Foundation
Basement
Water Features
Gas, Other-See Remarks
Heating
Natural Gas
Lot
0.34 acres, Lot size: 125x120
Property
Apartment Bldg, Multi-Family
Taxes
Total amount: $7,307
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