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This freshly remodeled apartment building offers a fantastic investment opportunity, situated in an opportunity zone. The property features 8 units, with 4 two-bedroom units and 4 one-bedroom units. The seller is actively working to fill the vacancies, and the building is nearly complete, with only 2 units left to be remodeled. These remaining units will be started in just 2 weeks, ensuring a quick turnaround. Rent was recently increased at the beginning of this month for the current tenants, enhancing the revenue potential. One-bedroom units rent for $800, and two-bedroom units rent for $1000. If fully rented, the complex could generate $7,200 in monthly income. With significant interest already in the property, the landlord is committed to securing long-term, quality tenants for the next owner. This means you can step in with confidence, knowing that your investment is set up for success. Don't miss out on the chance to own a fully remodeled, income-generating property.
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
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