Description
Selling at Auction $180,000 Starting Bid, No Reserve! This 14-unit apartment complex is a rare opportunity for investors and contractors to transform a partially renovated property into a high-income asset. The property includes a fully finished, detached one-bedroom unit currently occupied by the owner and ready to rent, a second detached unit with the potential to be converted into a one-bedroom, and a two-story main building prepared for 12 units. The proposed layout for the main building features two two-bedroom units and ten one-bedroom units. Renovations have already been started, with the interior partially demolished and asbestos mitigation completed, giving you a head start on the project. Zoned C-B, the property allows for additional flexibility in its potential uses. Building plans are available to guide your vision, but buyers are advised to verify all information, including zoning and potential uses, as the property is being offered as-is.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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5,532SQFT
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$33$/SQFT
School Ratings & Info
Courtesy of Triple A Realty, LLC.Description
Selling at Auction $180,000 Starting Bid, No Reserve! This 14-unit apartment complex is a rare opportunity for investors and contractors to transform a partially renovated property into a high-income asset. The property includes a fully finished, detached one-bedroom unit currently occupied by the owner and ready to rent, a second detached unit with the potential to be converted into a one-bedroom, and a two-story main building prepared for 12 units. The proposed layout for the main building features two two-bedroom units and ten one-bedroom units. Renovations have already been started, with the interior partially demolished and asbestos mitigation completed, giving you a head start on the project. Zoned C-B, the property allows for additional flexibility in its potential uses. Building plans are available to guide your vision, but buyers are advised to verify all information, including zoning and potential uses, as the property is being offered as-is.
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