Keller Williams Advisors
eXp Realty
Listed by Keller Williams Advisors, eXp Realty
$749,900
Hanna Avenue
Details
APN 212-0062-0070-00
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Year Built 1968
Acreage 0.457
Multifamily
Marketing description
Investors take notice! Exceptional value add opportunity with this 11 unit apartment building featuring strong upside potential. The property includes a dedicated space parking lot and a desirable unit mix of five 2 bedroom, 1 bath units and six 1 bedroom, 1 bath units. Currently, 8 units are rented with 3 vacant units, offering immediate potential to increase occupancy and maximize returns. Current rental income totals $6,500/month. Ownership expenses include common area electric, water, trash, and yard maintenance, while tenants are responsible for their own unit electric. Whether you're looking to expand your portfolio or capitalize on a repositioning opportunity, this income producing property offers both stability and room for growth.
Listing Contacts
Keller Williams Advisors
eXp Realty
Listed by Keller Williams Advisors, eXp Realty
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