1227 S 4TH AVE
Property Description
THIS APARTMENT COMPLEX HAS 16 UNITS. THERE ARE FOUR DIFFERENT 4PLEXES. THIS PROPERTY IS IN VERY GOOD CONDITION. EACH APARTMENT IS A 2 BEDROOM, 1 BATHROOM RENTING FOR $975 (WITH ONE AT $925). TENANTS PAY ELECTRICITY. MONTHLY INCOME IS $15,550. MOST APARTMENTS HAVE BEEN UPDATED WITH NEW CABINETS, FLOORING, SHOWER SURROUNDS, ETC. THEY ARE NICE. VINYL SIDING. VINYL WINDOWS. METAL ROOFS. AMPLE PARKING WITH A LARGE 0.48 ACRE LOT. SPRINKLER SYSTEM. 100% OCCUPANCY AT TIME OF LISTING. COMMON LAUNDRY AREA. STORAGE AREA FOR EACH TENANT. UNIVERSITY AREA LOCATION. THIS IS A GREAT PROPERTY PRICED BELOW A RECENT APPRAISAL. EXCELLENT CONDITION. TURN KEY INVESTMENT.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,250,000 |
| No. of Units: | 16 |
| Year Built: | 1965 |
| Lot Size: | 2,688.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $140,625 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 4 |
ID: 3yd-GPARID-582059
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