You will find this three unit complex to provide a great return on investment and that it will immediately provide cash flow. This property consists of one two bedroom unit that is rented for $775.00 per month, Large one bedroom unit rented for $750.00 per month, and another one bedroom unit rented at $650.00 per month. Each unit pays their own electric bills and the seller pays the water, sewer, and trash bill which averages $85.00 per month for the entire building. All apartments are on current leases that have been signed in the last 30 days. The seller pays $50.00 per month for mowing during mowing months. The property insurance runs $780 per year and the seller has picked up an optional flood insurance policy of $600.00 per year. This property has been fully remodeled and features updated vinyl flooring with each unit having washer/dryer hookups and heat pumps. The extremely well maintained investment property provides a perfect in town location with close proximity to ETSU, VA, and the Medical Center making it a sought after option for any potential renter. This property has been aggressively priced to provide a solid investment for the discerning investor. All information and square footage are subject to buyer verification.
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