1227 South 4th Avenue
About This Property
Marketing description
THIS APARTMENT COMPLEX HAS 16 UNITS. THERE ARE FOUR DIFFERENT 4PLEXES. THIS PROPERTY IS IN VERY GOOD CONDITION. EACH APARTMENT IS A 2 BEDROOM, 1 BATHROOM RENTING FOR $975 (WITH ONE AT $925). TENANTS PAY ELECTRICITY. MONTHLY INCOME IS $15,550. MOST APARTMENTS HAVE BEEN UPDATED WITH NEW CABINETS, FLOORING, SHOWER SURROUNDS, ETC. THEY ARE NICE. VINYL SIDING. VINYL WINDOWS. METAL ROOFS. AMPLE PARKING WITH A LARGE 0.48 ACRE LOT. SPRINKLER SYSTEM. 100% OCCUPANCY AT TIME OF LISTING. COMMON LAUNDRY AREA. STORAGE AREA FOR EACH TENANT. UNIVERSITY AREA LOCATION. THIS IS A GREAT PROPERTY PRICED BELOW A RECENT APPRAISAL. EXCELLENT CONDITION. TURN KEY INVESTMENT.
Investment highlights
THIS APARTMENT COMPLEX HAS 16 UNITS. THERE ARE FOUR DIFFERENT 4PLEXES. THIS PROPERTY IS IN VERY GOOD CONDITION. EACH APARTMENT IS A 2 BEDROOM, 1 BATHROOM RENTING FOR $975 (WITH ONE AT $925). TENANTS PAY ELECTRICITY. MONTHLY INCOME IS $15,550. MOST APARTMENTS HAVE BEEN UPDATED WITH NEW CABINETS, FLOORING, SHOWER SURROUNDS, ETC. THEY ARE NICE. VINYL SIDING. VINYL WINDOWS. METAL ROOFS. AMPLE PARKING WITH A LARGE 0.48 ACRE LOT. SPRINKLER SYSTEM. 100% OCCUPANCY AT TIME OF LISTING. COMMON LAUNDRY AREA. STORAGE AREA FOR EACH TENANT. UNIVERSITY AREA LOCATION. THIS IS A GREAT PROPERTY PRICED BELOW A RECENT APPRAISAL. EXCELLENT CONDITION. TURN KEY INVESTMENT.
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