2429-47 Williams Ave.
Property Description
Looking to secure a powerhouse addition to your real estate portfolio? This unique commercial property offers immediate, stabilized cash flow, generating over $9,000 in monthly rental income with a 100% occupancy rate across 13 units. The diverse unit mix caters to a wide range of needs, featuring several charming individual brick homes (1-bedroom), four efficient studio apartments, and two spacious 2-bedroom units. All major appliances stay with the units for a seamless transition. Tenants pay for all their own utilities except for water, keeping your overhead predictable. Note: Air conditioning units are tenant-owned, further reducing your maintenance liability. Benefit from a reliable tenant base, with several residents having called this property home for years. One unit features a full basement with the potential to be converted into additional living quarters, offering an immediate path to increasing your ROI. Don't miss the chance to acquire a fully-rented, versatile asset in a proven location. Check these units out today and see how they can anchor your investment strategy!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $825,000 |
| No. of Units: | 13 |
| Year Built: | 1952 |
| Lot Size: | 6,625.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $63,462 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 10 |
ID: 3yd-NWIBRIA-832586
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