Description
Sale includes 2 parcels: 29-22-30-0000-00-143 & 30-22-29-0000-00-143. Amazing opportunity to own a 14 bed / 7 bath income producing property in the Orlovista area. This updated seven-unit property consists of 2 duplexes and 1 triplex, each with 2 bed / 1 bath units. Six of the seven units have been extensively renovated over the past two years. Updates include: new roofs, updated electrical and plumbing, some of the units have a new HVAC & new water heaters, new kitchen appliances, new stainless steel sink and faucets, hardwood shaker cabinets, new backsplash, granite counters throughout, complete bathroom renovation (toilet/vanity/lighting/sink/faucet/mirror), new washer & dryers, new paint inside and out, popcorn ceiling removed, new front doors & locks, new blinds, new lighting fixtures (interior & exterior), new back patios, privacy fencing, parking lot lighting & security cameras, parking blocks & speed bumps. (An extensive renovation list is available by request). The future upkeep of the units should be minimum cost because of the extensive renovation. Units that have come up for a lease renewal are now renting for $1575 monthly, with a waiting list to get in. The property has the potential to make a gross annual income of at least $132,000 as each lease is renewed. Additional photos of other units are available by request. All units are tenant occupied, please do not drive on the property unless you have permission.
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14BEDS
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0.73ACRES
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0BATHS
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01/2 BATHS
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6,060SQFT
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$248$/SQFT
School Information
Description
Sale includes 2 parcels: 29-22-30-0000-00-143 & 30-22-29-0000-00-143. Amazing opportunity to own a 14 bed / 7 bath income producing property in the Orlovista area. This updated seven-unit property consists of 2 duplexes and 1 triplex, each with 2 bed / 1 bath units. Six of the seven units have been extensively renovated over the past two years. Updates include: new roofs, updated electrical and plumbing, some of the units have a new HVAC & new water heaters, new kitchen appliances, new stainless steel sink and faucets, hardwood shaker cabinets, new backsplash, granite counters throughout, complete bathroom renovation (toilet/vanity/lighting/sink/faucet/mirror), new washer & dryers, new paint inside and out, popcorn ceiling removed, new front doors & locks, new blinds, new lighting fixtures (interior & exterior), new back patios, privacy fencing, parking lot lighting & security cameras, parking blocks & speed bumps. (An extensive renovation list is available by request). The future upkeep of the units should be minimum cost because of the extensive renovation. Units that have come up for a lease renewal are now renting for $1575 monthly, with a waiting list to get in. The property has the potential to make a gross annual income of at least $132,000 as each lease is renewed. Additional photos of other units are available by request. All units are tenant occupied, please do not drive on the property unless you have permission.
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