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$1,695,000
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$3,644 |
1982 |
|
On the market:
1 day
|
View full details, photos, school info, and price history
Exceptional Investment Opportunity - 10-Unit Apartment Complex with Strong Value-Add Potential
Discover an incredible opportunity to acquire a well-maintained 10-unit multifamily property offering consistent income and long-term upside. This garden-style community, originally constructed in 1971 and 1992, features nine one-bedroom/one-bath units and one two-bedroom/one-bath unit—each equipped with individual electric meters, dedicated HVAC systems, and separate storage lockers.
The property provides 12 off-street parking spaces and a shared community laundry room for resident convenience. The complex has been fully leased and professionally managed for many years under a state-run organization, with the current master lease expiring in March. Ownership currently receives a single monthly payment and is responsible only for property taxes.
Showings are available by appointment only with a minimum of 24 hours' notice. Please do not disturb tenants.
Additionally, the adjacent property at 1829 W Fairmount Avea 3-bedroom, 3-bath homeis also available for purchase from the same owner. A bundle opportunity may be considered for qualified buyers.
Listing courtesy of Paul Eide & Debby Covert, DeLex Realty & DeLex Realty