$2,700,000

Assumable Freddie Mac Note with amazing 3.53% fixed rate to 2031 for qualified buyers! Well-maintained apartments with 90+% of units updated in recent years. Other improvements include water sub-metering project, repaving of asphalt parking lots, ongoing hvac replacement as needed, a roof replacement, installation of a commercial-grade backflow preventer system, and upgraded electric meters by Duke Energy. Mix of 31 (2bed/1.5 bath) units incl 20 garden (flat) condos & 11 townhomes. Units are all electric, central hvac with tenants paying all utilities. Onsite office could possibly be converted to a studio for more income. Of the 3.413 acres, the spacious, undeveloped land may have portable storage possibilities or perhaps even more units? Also, check out all the exciting economic development news from the 'Choose Chester' website at http://www.choosechester.com; otherwise described as "South Charlotte's Innovation Corridor" by Chester economic development officials.