42 Island Rd
Property Description
- Prime Investment Opportunity: Nestled in close proximity to the cutting-edge Micron chip plant development, this multi-family property at 42 Island Rd offers an unparalleled chance to capitalize on the burgeoning tech industry boom. The strategic location ensures a promising return on investment for savvy buyers looking to tap into the potential growth and prosperity of the area. - Lucrative Rental Income: Boasting 7 tenant-owned homes generating a steady income of $381 per month each and 2 paying $450 and one rental paying 727, this property offers a hassle-free investment opportunity with rent-to-own options. The ease of management provided by these arrangements, coupled with an on- site manager overseeing water treatment and testing, ensures a smooth and profitable investment experience for discerning buyers. another rent increase scheduled for March 2027 of 3%
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $465,000 |
| No. of Units: | 11 |
| Lot Size: | 7.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $42,273 |
| Property Website | Click Here |
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