Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
3,690
You found the purpose build 4 unit building that you have been looking! Welcome to this well-maintained and fully rented 4-unit apartment building, ideally located across the street from a beautiful public park featuring basketball courts, a playground, and open green space—perfect for tenants seeking both convenience and community. Each of the four units has been meticulously updated and renovated to reflect modern tenant desires and ease of maintenance for landlords. The building offers 4 spacious 2-bedroom, 1-bathroom apartments with great natural light and open, functional floor plans. To make things even better the building features separate utilities (gas, electric and water are paid by tenants on their own bills), private laundry hookups, and individual storage rooms for each unit. There are also 4 garages that can be rented to tenants or to others. Each of these features is a great way to maximize earnings and limit the headache the inevitably comes with less ideal setups. Ideal for 1031 exchange or portfolio addition The building is fully occupied and ready to provide strong cash flow from day one while also having significant long-term upside! This is a rare chance to own a quality multifamily asset in a highly rentable location. Looking for a 1031 exchange, this is the one! Don’t miss it and schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
8
Area & Lot
-
Lot Size(acres)
0.15
-
Property Type
Residential Income
-
Architectural Style
Colonial
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Stucco, Brick
-
Parking
Asphalt, Off Street, On Street, Private, Garage, Basement, Attached
Financial
-
Sales Price
$900,000
-
Tax Amount
10462.0
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Location
County
MONTGOMERY
Elementary School
Middle School
High School
Listing Courtesy of Stephen Paul Stout , Keller Williams Real Estate - Media
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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