3780 PHILBIN ROAD #41-49
Property Description
INVESTMENT OPPORTUNITY. NEW CONSTRUCTION! THIS BUILDING CONSISTS OF 9 TOWNHOUSES. EACH HOME IS A 4 BEDROOM, 2 BATHROOM WITH 1,590 SQUARE FEET. THIS WILL BE TURN KEY WITH KITCHEN APPLIANCES INSTALLED AND LANDSCAPING COMPLETED. LISTED AT $279,900 PER HOME, BELOW WHAT OTHERS HAVE SOLD FOR IN THE PAST. THIS IS A DISCOUNT FOR AN INVESTOR PURCHASING THE ENTIRE BUILDING. EACH HOME HAS MINI-SPLIT UNITS FOR AIR CONDITIONING. THERE IS A LARGE PARKING AREA, AND LARGE COMMONS AREA WITH WALKING PATH, DOG RUN, ETC. HOA IS $150 PER HOME, SO $1,350 FOR THE BUILDING OF 9 HOMES AND COVERS THE WATER BILL FOR THE TENANTS. EACH HOME SHOUD RENT FOR UP TO $1,950 PER MONTH SINCE OTHER HOMES ARE RENTED FOR THAT AMOUNT IN THE SAME AREA. $17,550 PER MONTH IN RENTAL INCOME. CONSTRUCTION WILL BE COMPLETE NEAR THE MIDDLE TO END OF AUGUST 2026! THE INTERIOR PICTURES ARE FROM A SIMILAR BUILDING RECENTLY COMPLETED. AGENT OWNED.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,519,100 |
| No. of Units: | 9 |
| Year Built: | 2026 |
| Lot Size: | 6,360.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $279,900 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 8 |
ID: 3yd-GPARID-582426
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