Sold!
$1,735,000
17
Beds
8
Baths
7,038
Living Area
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Property Description
Here’s an incredible opportunity to purchase a well-maintained 8-unit building located near UML's East Campus. This property features seven 2-bedroom units and one 3-bedroom unit, all currently occupied with tenants at will. The building underwent a comprehensive gut renovation in 2010, during which all utilities were updated. This extensive renovation included the replacement of plumbing, electrical systems, insulation, roofing, siding, windows, kitchens, bathrooms, and more, ensuring a modern and efficient living environment. Additionally, the owner installed fire alarm and sprinkler systems throughout the building for enhanced safety. Tenants are responsible for their own utilities and enjoy convenient on-site laundry services with access to two washers and two dryers. With its prime location, under market rents and extensive upgrades, this building is a fantastic investment opportunity for all types of buyers.
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Highlights
- Heating: Electric, Unit Control
- Parking Spots: 2
- Property Type: 5-9 Family
- Total Rooms: 35
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Appliances: Range, Microwave, Refrigerator, Freezer
- Exclusions: Ring Cameras Will Be Removed Before Closing. Hardwired System Will Remain For The New Owner.
- Foundation: Block
- Lot Features: Level
- Roof: Rubber
- Total Number of Units: 8
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Vinyl, Carpet, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Kitchen, Living RM/Dining RM Combo
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Zoning: Umf
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Amenities
- Community Features: Public Transportation, Shopping, Highway Access, Public School, University, Sidewalks
- Parking Features: Paved Drive, Off Street, On Street, Paved
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Utilities
- Electric: 150 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $843,100
- Tax Year: 2024
- Total Rent: $13,000
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $10,041
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of J. Borstell Real Estate, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
