1206 W Tomichi Avenue
Property Description
Brian Cooper, Bluebird Real Estate, LLC, C:,,: Excellent investment opportunity in a prime corner-lot location at the intersection of West Tomichi Avenue and North 7th Street! This income-producing property features 11 rental units and a consistently low vacancy rate, offering an established rental portfolio with strong income potential. The property consists of two freestanding one-bedroom, one-bathroom cabins and a main building containing nine additional units, including one two-bedroom/one-bathroom unit, five one-bedroom/one-bathroom units, and three studio apartments.The property has benefited from important infrastructure updates, including improvements to the sewer line, electrical lines, and water lines. The owner currently pays water and sewer expenses. With its desirable location, diverse unit mix, and history of low vacancy, this property presents an excellent opportunity for investors seeking an established multi-unit income property.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,500,000 |
| Year Built: | 1943 |
| Lot Size: | 4,681.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 11 |
ID: 3yd-CRENCO-840309
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