Investor-ready 13-unit apartment building offering immediate cash flow in a strong rental market. The property includes an owner's suite or potential on-site manager's quarters in addition to the 13 income-producing units. Features include on-site laundry, security system, ample off-street parking, and updates throughout. Properties of this size are rarely available, and this asset currently performs at approximately an 8.9% cap rate, with additional upside through continued unit improvements.
- Age: Over 50 Years Old
- Amenities: Security System
- Appliance: Refrigerator
- Appliance: ElectricWaterHeater
- Appliance: ElectricCooktop
- Building Units: 13
- Exterior Type: WoodSiding
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Varies
- Floors: 2
- Heating System: Baseboard
- Heating System: Electric (Heating)
- MLSID: R1661207
- Roof Type: Asphalt
- Roof Type: Membrane
- Roof Type: Rubber
- Rooms: Bedroom 10
- Rooms: Bedroom 13
- Rooms: Bedroom 12
- Rooms: Bedroom 11
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 9
- Rooms: Bedroom 8