$1,295,000

Completely remodeled 20-unit apartment complex: four 1-bed/1-bath AND sixteen 2-bed/1-bath units. Built in 1985, this property features a long list of updates and upgrades. New double-paned vinyl windows, new paint throughout, new appliances, washers & dryers in community laundey room, flooring, and many more! Calling all investors! Current owner split all electric and gas meters, providing a unique opportunity for future owner to continue to shift the burden of electric and gas expense to tenants, thus increasing NOI. Note: the meters are already in place for a full cutover of electric and gas. The utility conversion process is underway. Covered balconies & walkways. Two buildings. Central parking lot. Laundry room. Central HVAC! Financial reports and a rent rolls are available upon request. The reports also show the benefits of the utility shift to the tenants. Property generally remains over 90% occupied. Come see!