6-unit apartment complex featuring six 2bd/1bth units with strong current income and excellent rental upside. The property was originally built in 1979, offers approximately 5,340 square feet of rental space, and sits on an extra-large 9,725 square foot lot with 8 parking spaces and a nice backyard area. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turnkey investment for the next owner. The units have been remodeled and offer new kitchens, bathrooms, upgraded electrical and plumbing, new flooring, double pane windows, new exterior and interior paint, a newer roof, and more. The property has been historically managed by the owner and offers low annual operating expenses. Currently there is one vacant 2bd/1bth unit that’s perfect for an investor seeking high market rents or a possible owner-occupant. This is an excellent Laurel District location on the east side of HWY 580 on a nice residential neighborhood east of MacArthur Blvd. This location is near all the popular restaurants and shopping options and is in high demand with tenants.
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