For Sale
For Sale
-
Overview
3 family Apartment building Three family apartment building that is fully leased with an approximate Cap Rate of 8.6% is now for sale! The roof, vinyl siding and vinyl windows were all NEW less than 3 years ago!!! The upper level was recently renovated! This area of Warren County has seen a great deal of new residential and commercial development and is posed for growth and the potential for rent increases and building appreciation. This desirable building provides the tenants their own washer and dryer hookups and some storage in the basement. Unit 728 and 726 have similar floor plans with approx. 750 sf each. The entire property and the three units will be shown to Buyer once under contract. Sewer and Water is paid by Tenant in unit 726. All three Tenants pay their own electric, natural gas, cable/internet, and Tenant's Insurance. Unit 730 (approx. 1,200 sf) upstairs has 3 window air conditioners and baseboard heat. Units 726 & 728 have forced air central electric a/c and natural gas, heat.
Property Details
3 family Apartment building Three family apartment building that is fully leased with an approximate Cap Rate of 8.6% is now for sale! The roof, vinyl siding and vinyl windows were all NEW less than 3 years ago!!! The upper level was recently renovated! This area of Warren County has seen a great deal of new residential and commercial development and is posed for growth and the potential for rent increases and building appreciation. This desirable building provides the tenants their own washer and dryer hookups and some storage in the basement. Unit 728 and 726 have similar floor plans with approx. 750 sf each. The entire property and the three units will be shown to Buyer once under contract. Sewer and Water is paid by Tenant in unit 726. All three Tenants pay their own electric, natural gas, cable/internet, and Tenant's Insurance. Unit 730 (approx. 1,200 sf) upstairs has 3 window air conditioners and baseboard heat. Units 726 & 728 have forced air central electric a/c and natural gas, heat.
- Property TypeMulti-Family
- Sale Price$170,000
- Total Building Size5,600RSF
- Building ClassC
- Sale StatusAvailable
- Property ID2143823