Description
Great investment opportunity to own a small apartment complex with 4 completed and rented units. The full, walk out, basement has room for a 5th unit (studio), but it needs to be built out. Laundry for tenants is located in the basement and the washer/dryer are leased from a third party, not owned. The leasing contract has 2 more years left. 3 of the 4 units are currently leased, with the 4th being leased as of Feb. 1st. There is a "whole house" water filtration system installed. HVAC, roof, siding, and bathrooms updated/renovated 2-3 years ago. All appliances and all windows replaced 2-3 year ago. Most of the plumbing light fixtures, receptacles and light switches have been updated/upgraded. All united separately metered for electric. Close to Hampden-Sydney and Longwood Colleges.
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0BEDS
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2.66ACRES
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0BATHS
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01/2 BATHS
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5,265SQFT
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$66$/SQFT
School Information
Description
Great investment opportunity to own a small apartment complex with 4 completed and rented units. The full, walk out, basement has room for a 5th unit (studio), but it needs to be built out. Laundry for tenants is located in the basement and the washer/dryer are leased from a third party, not owned. The leasing contract has 2 more years left. 3 of the 4 units are currently leased, with the 4th being leased as of Feb. 1st. There is a "whole house" water filtration system installed. HVAC, roof, siding, and bathrooms updated/renovated 2-3 years ago. All appliances and all windows replaced 2-3 year ago. Most of the plumbing light fixtures, receptacles and light switches have been updated/upgraded. All united separately metered for electric. Close to Hampden-Sydney and Longwood Colleges.
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Listing courtesy of Fine Creek Realty. Listing information © 2021 CVRMLS and CBRAR.