Exceptional investment opportunity! This recently renovated all-brick 8-unit apartment building offers strong cash flow potential and long-term durability. The property consists of eight 1-bedroom, 1-bathroom units, each approximately 650 square feet, with updated interiors and well-maintained common areas. The building is currently operating as Section 8 housing, providing stable rental… Read More income and consistent tenant demand. In addition to the existing units, the basement includes two additional units that have already been framed and are ready for completion, creating a value-add opportunity for increased rental income. Solid brick construction, recent renovations, and expansion potential make this an attractive asset for both seasoned investors and those looking to grow their multifamily portfolio. Conveniently located with easy access to transportation. Don't miss this chance to acquire a turnkey multifamily property with upside potential through the addition of two more units. Read Less
Listing Snapshot
Days Online
1
Property Type
Apartment
Lot Size
0.2 Acres
Year Built
1960
MLS Number
2625728
Additional Details
Building
Construction Materials: "Brick/Mortar", Year Built: 1960
Cooling
Details: "Window Unit(s)"
Heating
Heating: "Baseboard"
Home Owner's Association
Fee: 0, Dues Frequency: None
Laundry
Description: "Central Laundry"
Lot
Size: 8712
Property
Zoning: R-1.5
Roof
Description: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Water Source: "Public", Utilities: "Ind Heat And Air"
Listing courtesy of Compass Realty Group 816-280-2773
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The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright , Heartland Multiple Listing Service, Inc. Heartland MLS and Legendary Apartment Brokers do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private noncommercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Listings last updated on ,
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