Great opportunity to buy 2 apartment buildings outside of the city limits. Side-by-side buildings will be easy to rent and stay rented with little to no vacancies. This property is located in the Red Clay school district- popular for renters. There are 7 total units consisting of 3- 2 bedrooms. 3- 1 bedrooms and 1 efficiency. The owners have redone the apartments over time. The photos are of various units showing the conditions and upgrades in the units. There are some with hardwood floors and some with newer LVP. The buildings have a rear entry parking lot with plenty of off-street parking. There is a nice rear yard. The tenants are a month to month leases. One of the 2 bedroom apartments is currently being renovated. All units have been updated. The building offer apartments that are both spacious and charming. Some units have screened-in porches and decks. Great positive cash flow has been consistent since ownership and the units are extremely easy to rent.
Sold for $693,000
Zillow last checked:
Listing updated:
Bought with:
Manny Shah, RS-0024828
Century 21 Gold Key Realty
Source: Bright MLS,MLS#: DENC2045832
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2024 | Sold | $693,000-4.4%$139/sqft |
Source:  Bright MLS #DENC2045832 Report a problem | ||
| 12/15/2023 | Contingent | $724,900$145/sqft |
Source: Bright MLS #DENC2045832 Report a problem | ||
| 10/27/2023 | Price change | $724,900-7.1%$145/sqft |
Source: Bright MLS #DENC2045832 Report a problem | ||
| 7/13/2023 | Listed for sale | $779,900$156/sqft |
Source: Bright MLS #DENC2045832 Report a problem | ||
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Estimated market value
$573,000
