Description
Motivated seller! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom. Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Only unit 3 is occupied ($1,200/mo), the others are vacant and can each be rented for $2,500/mo through the voucher program (including utilities). All units have central air. Pro forma NOI is over $97,000! Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
Description
Motivated seller! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom. Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Only unit 3 is occupied ($1,200/mo), the others are vacant and can each be rented for $2,500/mo through the voucher program (including utilities). All units have central air. Pro forma NOI is over $97,000! Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
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