Outstanding investment opportunity! This meticulously maintained 6-unit apartment complex presents an immediate return on investment with established tenants and proven rental history. Built in 1976, this well-structured property features four spacious 2-bedroom/1-bathroom units at 723 square feet each, complemented by two efficient 1-bedroom/1-bathroom units offering 625 square feet of living space. The property spans a generous 0.45-acre lot, providing ample parking and outdoor space for tenants.
Currently generating steady income with two units prepaid for the entire year and two additional units under 6-month contracts with strong renewal prospects. The property comes equipped with convenient coin-operated laundry facilities and a comprehensive security camera system, making property management streamlined and efficient. Perfect for an owner-operator seeking to combine personal residence with rental income, or for investors looking to expand their portfolio. The property's solid construction and proven rental history make this an exceptional investment in a stable neighborhood. Additional value opportunity exists with a possible package deal including a nearby single-family home.
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