Description
Tremendous value add opportunity! Stabilized multifamily property with potential for rent increases. Many renovations done over last few years; turn key property! Three bedroom units have washer/dryer hookup; central laundry area for the two bedroom units. 28 (2bed/1 bath) units and 12 (3 bed/1.5 bath) units. Up to eight additional units possible (buyer to check with county and do all due diligence). Units have stayed steady rented with a waiting list. Rare opportunity to purchase a cash flow investment with great upside!
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0BEDS
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5ACRES
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0BATHS
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01/2 BATHS
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50,000SQFT
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$93$/SQFT
School Information
Description
Tremendous value add opportunity! Stabilized multifamily property with potential for rent increases. Many renovations done over last few years; turn key property! Three bedroom units have washer/dryer hookup; central laundry area for the two bedroom units. 28 (2bed/1 bath) units and 12 (3 bed/1.5 bath) units. Up to eight additional units possible (buyer to check with county and do all due diligence). Units have stayed steady rented with a waiting list. Rare opportunity to purchase a cash flow investment with great upside!
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Listing provided by Shaheen Ruth Martin & Fonville: 804-288-2100. Listing information © 2024 CVRMLS and CBRAR.