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0011
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $4,020
Days Active 148
Lot Size 
Approx. Age 1974
MLS® Number 202502231

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare opportunity to own an 11-unit apartment building in the highly desirable Wilikina area. Perfectly designed for income generation, this property features eleven 1-bedroom units, each with a dedicated parking stall, offering convenience and appeal to tenants. Recent upgrades in 2023, including a new roof and fresh exterior paint, enhance the building's curb appeal and long-term durability. A coin-operated community laundry area on the ground floor provides an additional revenue stream. Conveniently located near schools, shopping centers, restaurants, and highways, this property ensures ease of access for residents while maintaining strong rental demand. Whether you're starting your investment journey or expanding an existing portfolio, this property is a must-see! Current income and expenses reflect 9 rented units, leaving room for even greater earning potential. Net income of $122, 700 for 10 units with CAP rate about 6.13% (1 unit is Resident Manager stays free rent). Schedule a viewing today and take the first step toward securing your future income!Show Description
MLS® Number202502231
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1974
Basement
DrivewayAssigned, Open
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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