This completely renovated 11-unit apartment building offers the seasoned investor an opportunity to create the perfect tenancy in a low-maintenance newly renovated property. The building is offered vacant & ready for occupancy. Due to a 2020 electrical fire, the building was completely renovated, and most exterior & interior building components have been replaced including a new roof, stucco exterior, sheetrock, sprinklers, windows & doors, electrical systems, hot water heater & plumbing throughout. Lower walkways have fresh cement, upper walkways were refinished and sealed with waterproof coatings. The driveway has a fresh slurry seal, and the parking area has been re-striped. The apartments are all 2-Bedroom, 1 Bath units, ±850sf each and situated on a ±11,031sf, parcel zoned R-3. The building offers 11 carports + 6 guest parking spaces, an on-site laundry room & 12 storage closets. MLS income/expenses are estimated based on Nov 2022 appraisal.
Details
MLS #
ML81916660
Listing Type
For Sale
Style
House
Sub-Type
Resale
Status
Active
Year
1985
Days On Site
1317
Listing Provided By
Coldwell Banker Realty | Gregory Cohn
Features
SQ Feet
9,350
Car Port
Yes
Story(s)
3
Building(s)
1
Zoning
R30000
Acreage
0.25
Interior
Cooling
None
Heating
Electric
Heating Yes / No
Yes
Cooling Yes / No
No
Appliances
Dishwasher, Electric Oven, Disposal, Range Hood, Vented Exhaust Fan
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