Description
Recently renovated 14-unit apartment building with major capital improvements just completed. Approximately 90% of the electrical service and plumbing systems have been replaced. The property also features a new roof, new flooring throughout, and fully updated kitchens. Each unit is equipped with new mini split heating and air conditioning systems, providing efficient and modern climate control for tenants.The building is now entering stabilization. There are currently two vacant units, offering an immediate opportunity for a new owner to increase rental income and bring the property closer to its full potential. The property is currently generating $14,650 in monthly rental income, presenting investors with a turnkey multifamily asset with significant recent upgrades and minimal deferred maintenance.
School Information
Description
Recently renovated 14-unit apartment building with major capital improvements just completed. Approximately 90% of the electrical service and plumbing systems have been replaced. The property also features a new roof, new flooring throughout, and fully updated kitchens. Each unit is equipped with new mini split heating and air conditioning systems, providing efficient and modern climate control for tenants.The building is now entering stabilization. There are currently two vacant units, offering an immediate opportunity for a new owner to increase rental income and bring the property closer to its full potential. The property is currently generating $14,650 in monthly rental income, presenting investors with a turnkey multifamily asset with significant recent upgrades and minimal deferred maintenance.
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