Absolutely incredible investment opportunity to own a 6 unit class c complex that continues to turn and increase in value and rents. 6 units are 2 bedroom and 1 bathroom each. Total square footage of 4144 square feet. Forced appreciation on my last building on this street earned significant final gains sold as a 12 cap two years ago at $325,000. This building has a brand new roof and has been completely replumbed inside and out. All new electrical inside and out. Brand new exterior doors on each unit. Ceramic tile is in great condition and only a few years old. Stripped to the studs with all new insulation. Building needs finish out then each unit would lease for $625 each. Comparable rents with 20 year old interiors leasing at $550-600 each. Owner/Agent building. My plan is to complete the building, sell at $425,000, but if an investor would like to finish it out I am willing to take $350,000 cash as I am busy developing land currently. Photos are of completed building next door.
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