For Sale

$2,500,000

HIGHLIGHTS:
  • Active
  • $34,603/month
  • 1 DOM
  • 2 Stories
  • 0 Beds
  • 10,100 SqFT
Description

Well-maintained 15-unit apartment complex on a valuable corner lot in a rapidly improving neighborhood, offering both strong current income and long-term development potential. The property includes two 4-plex buildings at the front and a 7-unit garden-style building at the rear, along with on-site laundry, three garage units, and two storage rooms. All units feature central AC, the front buildings have been repiped with PEX plumbing and individual shut-offs, two units have newly updated kitchens, and several new water heaters have been installed. With ample parking, garage storage, and steady tenant demand, this turnkey investment provides immediate cash flow and future upside in a high-growth area.

Overview
  • MLS Number: 78798813
  • Type: Multi-Family
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 10,100 SqF
  • Land Size: 12,500 sqft
  • Year Built: 1940
Financial
Price:
$2,500,000
Price/SqFT:
$247.52
HOA Fee:
$20 Monthly
Tax Rate:
2.09236 %
Est. Monthly:
$34,603 *
Tax Amount:
$52,309
Amenities and features
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Floors:
    Tile,Wood
    Countertop:
    butcher block
    Heating:
    Central Gas
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Energy Feature:
    Ceiling Fans
  • Roof:
    Composition
    Exterior Type:
    Brick,Wood
    Parking:
    Auto Garage Door Opener,Carport Parking,Garage Parking
    Parking Unit:
    Less than One
    Front Door Face:
    North

Listed By:
Amanda Smith

Boulevard Realty

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