$1,395,000
19
Beds
12
Baths
13,755
Living Area
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Property Description
Stunning 12-Unit Apartment Building in Prime Location! Welcome to your next investment opportunity. This exceptional 12-unit apartment building is fully occupied, perfectly situated in a highly desirable neighborhood on a dead-end street with an adjacent lot (0.16 acres/7,000sqft) that is also for sale (MLS #73262765). The building comprises a mix of spacious one-bedroom and two-bedroom units with two units convertible from one to two bedrooms. Each unit has been thoughtfully designed with modern amenities and stylish finishes, ensuring a high-quality living experience for tenants. With a strong rental history and high demand in the area, this building presents a lucrative investment opportunity. The well-maintained property ensures low maintenance costs and steady cash flow. This 12-unit apartment building is a rare find in such a prime location.
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Highlights
- Parking Spots: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1913
- Property Class: Residential Income
- Total Rooms: 46
- Status: Closed
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Additional Details
- Construction: Frame, Brick
- Foundation Area: 2751
- Road Frontage Type: Public, Dead End
- Total Number of Units: 12
- Year Built Source: Public Records
- Foundation: Block
- Lot Features: Additional Land Avail., Level
- Roof: Rubber
- Year Built Details: Actual
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Shopping, Highway Access
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $616,300
- Compensation Based On: Net Sale Price
- Taxes: $10,508
- Buyer Agent Compensation: 2%
- Tax Year: 2023
- Total Rent: $16,100
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