2851 Hikes Ln
Property Description
Don't miss this incredible investment opportunity in Hikes Point! This well-maintained multi-family offers 10+ years of established cash flow and professional management. Conveniently located on Hikes Lane near TARC stops and all your major shopping needs. Extensive renovations and updates throughout make this a low maintenance addition to your portfolio. This building features 5 units; Unit A is a main floor 3 bedroom and 2 full bathroom unit. Unit B is a lower-level walkout 2 bedroom and 1 full bathroom unit. Unit C is a main floor studio with a loft sleeping area. Unit D is a second floor 1 bedroom and 1 bathroom unit. Unit E is a 1 bedroom, 1 full bathroom w/ a bonus sleeping/ flex loft. All units are metered, heated, and cooled separately. All units but C feature ensuite laundry. Off-street parking is available to tenants on a first-come, first-serve basis. Owner pays water and house electric for common hallways and outdoor lights. Please text the listing agents for the current Rent Roll and P&L statement.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $369,000 |
| No. of Units: | 5 |
| Year Built: | 1963 |
| Lot Size: | 6,381.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $73,800 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 6 |
ID: 3yd-GLARKY-1728247
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