New roofFresh interior paint throughoutNew water heaterNew floor tile
Turnkey 8-Unit Apartment Complex - 100% Occupied - Excellent investment opportunity featuring eight rental units across three solid concrete block buildings, offering durability and low maintenance. The property is 100% occupied with one-year leases in place and generates $6,025 in total monthly rental income, providing immediate and stable cash flow. The unit mix includes seven 1-bedroom/1-bath apartments and one 2-bedroom/1-bath apartment. Each apartment is equipped with a range and refrigerator, and tenants enjoy efficient climate control with two-year-old mini-split A/C systems installed in each room. Significant improvements have already been completed, including a new roof, new floor tile, fresh interior paint throughout, and a new water heater. Nearly all windows have been replaced, enhancing both energy efficiency and appearance. Ideally located near Doctors Memorial Hospital and the local shopping district, this property benefits from strong rental demand and convenient access to employment, healthcare, and retail. With major upgrades completed, full occupancy, and steady income, this property presents a strong, low-maintenance investment opportunity for both new and experienced investors. Available for sale individually or may be purchased with a nearby duplex property ($2200 monthly income) and a single-family home ($1100 monthly income) for $700,000. Tenant occupied. Property may be inspected after commencement of due diligence period. No sign or lockbox. Please do not disturb tenants.
156 days
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109
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3
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Zillow last checked:
Listing updated:
Listed by:
Jason Stanley229-236-7355,
C21 Avenues Real Estate Partners
Source: GAMLS,MLS#: 10709000
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 8
Heating
Other
Cooling
Other
Features
Basement: None
Has fireplace: No
Property
Parking
Parking features: Off Street
Features
Levels: One
Stories: 1
Lot
Size: 10,454 Square Feet
Details
Parcel number: 03147000
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Block
Condition
Resale
New construction: No
Year built: 1948
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Individual Meters, Sewer Connected