Description
Fully renovated 13-plex apartment and 8 unit shotgun home properties located on the same street - across from one another. All units have been remodeled - new roof, new flooring, new kitchen, new everything. Fully leased out on 12-month leases. This rare find is a unique opportunity for a low-priced high unit count investment with rent increases already possible. Units rented at $100 higher per month at end of lease out than from the beginning. Inspection and internal review after accepted offer. Please do not disturb the tenants. Annual gross rents are $177,000 for all 21 units. Net income annually is $139,130.
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0BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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11,526SQFT
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$152$/SQFT
School Ratings & Info
Description
Fully renovated 13-plex apartment and 8 unit shotgun home properties located on the same street - across from one another. All units have been remodeled - new roof, new flooring, new kitchen, new everything. Fully leased out on 12-month leases. This rare find is a unique opportunity for a low-priced high unit count investment with rent increases already possible. Units rented at $100 higher per month at end of lease out than from the beginning. Inspection and internal review after accepted offer. Please do not disturb the tenants. Annual gross rents are $177,000 for all 21 units. Net income annually is $139,130.
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Data last updated: 2022-10-03T06:32:21.61.