Courtesy of: Troy Kerrn, Keller Williams Premier Realty, troy@troykerrn.com
Courtesy of: Troy Kerrn, Keller Williams Premier Realty, troy@troykerrn.com
$325,000
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Lot: 0.41 Acres
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Other
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$325,000
523 SANFORD Street 1-10 EXCELLENT INVESTMENT OPPORTUNITY! This 10-unit apartment complex generates strong cash flow with the smallest unit renting at $450/month and all others at $650/month. Current net income is approximately $28, 000 annually with plenty of upside potential for increased rents. Don’t miss your chance to own a solid income-producing property with room to grow! Each of the stand alone units (1, 2, 3, 4, 10) have their own gas and electric meters. The block building units 5, 6, 7, 8, 9 all work off one gas, electric meter. Units 5, 6, 7, 8, 9 are serviced off one gas water heater that is in the closet of #7. The stand alone units all have gas water heaters, gas furnaces, gravity type wall , #3 has a gas forced air unit. All units come with working gas range stove and electric fridges. The only exception is #8, seller hasn't replaced it.
Courtesy of: Troy Kerrn, Keller Williams Premier Realty, troy@troykerrn.com
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