Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1983
Sq.Footage
N/A
Investment Opportunity – 8-Unit Apartment Complex Just Outside City Limits This well-maintained 8-unit apartment building offers immediate income and long-term upside. With 6 one-bedroom units and 2 two-bedroom units, the property features a solid tenant base, low maintenance brick exterior, off-street parking, and tenant-paid electric. Recent updates include new roof and gutters on Building 2 (July 2024), newer windows throughout, and updated wall-mounted HVAC units. An on-site coin-operated laundry helps offset shared costs. Currently generating $72,600 in annual income, the property has market rent potential of $88,800 with low annual operating expenses of just $8,600. Two units are being held vacant for easy showings and are expected to lease quickly in this high-demand rental market. Whether you’re a seasoned investor or just expanding your portfolio, this is a turnkey property with upside potential in a quickly growing area. Schedule your showing today and take advantage of this great investment opportunity!
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.31
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Parking Lot
Financial
-
Sales Price
$899,950
-
Tax Amount
3904.0
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Location
County
BERKELEY
Elementary School
Middle School
High School
Listing Courtesy of Heidi Crawford , Samson Properties
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Broker | Owner
ChristyIssler
Call Christy today to schedule a private showing.
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