Description
BOM due to Buyer unable to obtain financing. APARTMENT INVESTORS!!! Don't miss this Once in a Lifetime Fantastic and Rare Opportunity to purchase this Fully Rented, Income-Producing, Low Maintenance, Two Separate Cash Flowing 4 Story Brick Buildings (8 units each). The buildings feature (14) 3-BD and (2) 2-BD Apartments all with Heat included in rent. Brand New Heat and Hot Water Tanks. Separate Electric Meters. Some Units have Granite Kitchens. Updated Exterior Lighting, Several Electrical Updates, Cameras Mounted and Installed on the Property. Basements with Functional Coin Laundry Machines. Newer Porches and Large Parking Lot. Majority of rents Under Market Value. Some tenants have Vouchers with Local Housing Agencies. This Worthwhile Opportunity gives an intelligent investor the option to either keep Long-Term tenants or Massively Increase Cashflow by Renting Short/Midterm, as well as the choice to Convert & Sell as Condos. Expected Income to Increase To $288,000 Annually.
School Ratings & Info
Description
BOM due to Buyer unable to obtain financing. APARTMENT INVESTORS!!! Don't miss this Once in a Lifetime Fantastic and Rare Opportunity to purchase this Fully Rented, Income-Producing, Low Maintenance, Two Separate Cash Flowing 4 Story Brick Buildings (8 units each). The buildings feature (14) 3-BD and (2) 2-BD Apartments all with Heat included in rent. Brand New Heat and Hot Water Tanks. Separate Electric Meters. Some Units have Granite Kitchens. Updated Exterior Lighting, Several Electrical Updates, Cameras Mounted and Installed on the Property. Basements with Functional Coin Laundry Machines. Newer Porches and Large Parking Lot. Majority of rents Under Market Value. Some tenants have Vouchers with Local Housing Agencies. This Worthwhile Opportunity gives an intelligent investor the option to either keep Long-Term tenants or Massively Increase Cashflow by Renting Short/Midterm, as well as the choice to Convert & Sell as Condos. Expected Income to Increase To $288,000 Annually.
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-06-02T10:06:59.557.