4902-4924 Schmidt St
- SUBSTANTIALLY RENOVATED PROPERTY
- Current ownership has extensively renovated 14 of the 16 units down to the studs, with new HVACs, electrical, plumbing, windows, and interior finishes. Interior finishes include new LVP flooring, cabinets, countertops, sinks, toilets, bathtubs, fixtures, appliances, and Washer/Dryer hookups.
- INDIVIDUALLY METERED UTILITIES
- Each unit of the property is individually metered for all utilities, meaning tenants are responsible for direct payment of their utilities. With little to no utility expense, this property should operate at lower operating expense costs.
- OFFERED WITH ADDITIONAL VACANT UNITS
- The sellers are willing to include an adjacent 6-unit building and a single-family home in the sale for a total of 23 units. The 6 unit
- building consists of all 1-bedroom units, while the house consist of a 2 bedrooms, 1 bathroom layout. These 7 units are all in need
- of full renovation, creating an opportunity for a buyer to add tremendous value to the property by bringing these units online
- and up to market rents.
Property Description
-
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| No. of Units: | 22 |
| Year Built: | 1960 |
| Lot Size: | 1.07 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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