Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1968
Sq.Footage
8,894
Value-add multifamily investment opportunity featuring 15 total units across an 11-unit apartment complex and a separate quadplex. The 11-unit building consists of one 1-bedroom apartment, eight 2-bedroom apartments, and two 3-bedroom apartments. Electrical and plumbing work has already been completed in the two 3-bedroom units as part of their ongoing rehabilitation. The quadplex contains four 1-bedroom apartments and requires a full renovation, offering significant potential for an investor to reposition the property and increase income. Attractive unit mix with multiple opportunities to add value through renovations, improved occupancy, and rental growth. All income, expenses, and projected returns provided are pro forma estimates and do not represent the propertyās current actual operating performance. Buyer should independently verify all financial information, unit conditions, zoning, and renovation requirements.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Window Unit(s), Electric
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Brick
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.31
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$525,000
-
Tax Amount
$2,716.9
-
Zoning
Commercial
-
Sq. Footage
8,894
-
Price/SqFt
$59
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Jefferson
Elementary School
Middle School
High School
Listing Courtesy of Wes Brown, Re/Max Platinum
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REALTORĀ®
Jessica Pereira
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