$700,000

Turnkey investment opportunity available. This is a 13 unit apartment building and parking lot. Will make a great investment with property management in place and available to continue with new ownership. New roof in 2024 along with gutters and downspouts repaired and sealed, several apartments recently renovated and new appliances installed, boiler recently serviced, sewer inspection passed, on site coin operated laundry, stabilized investment ready for it’s new owner. Building has passed all local housing authority inspections for living conditions, functionality of appliances and utilities, fire extinguishers, smoke and carbon alarms. All leases are PAR lease agreements managed by a licensed property manager. Many pictures of units are from previous apartment listings. This property comes with a parking lot with 14 spaces, some of which are included in renter’s lease, however 4 are currently leased separately to local businesses and employees. Owner pays all utilities.