Investment Opportunity: 6-Unit Multi-Family Home. This vacant 6-unit multi-family home is a diamond in the rough, perfect for investors or experienced renovators looking for their next project. This property is a handyman's special and is being sold as-is. Bring your tool belt and construction expertise to transform this property into a profitable investment. The property needs a complete overhaul, providing an excellent opportunity to customize and modernize each unit to maximize rental income. The current owner has an estimate for necessary foundation repair s, with chimneys already removed to facilitate lifting the building. Some windows have been replaced; however, several still need attention. A report is available upon request, providing insights into the structural integrity of the building. All copper pipes have been removed, offering the chance to install new plumbing systems. This property has the potential for significant cash flow once renovated and leased. With the right vision and investment in renovations, you can create a desirable living space that attracts tenants in a competitive rental market. This property is available for cash buyers only
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $80,000 | $19 | A House To Home Realty |
Year | Annual Amount | Description |
---|---|---|
2023 | $2,268 |
Elementary School Hillside Elementary School | 0.6 miles away | 04 - 06 | |
Elementary School Marston Elementary School | 0.7 miles away | KG - KG | |
Junior High School Berlin Junior High School | 0.7 miles away | 07 - 08 |