Photo 1 of 48
$1,100,000
Sold on 12/02/24
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
17 |
9.00 |
7,577 |
|
1971 |
On the market:
269 days
|
View full details, 15 photos, school info, and price history
Pristine portfolio addition ready; This is an outstanding 8 unit complex (4 Duplexes) practically built from ground up. Brick construction with all new windows, flooring, drywall, electric, cabinets, and plumbing. New roof, quartz counter tops in kitchen. New showers, toilets, vanities, fixtures, refrigerators and ovens in all 8 units.
MUST SEE, as everything was brought up to code with proper permitting. Owners spared no expense and it shows. New HVAC in all units and a firewall between rear 4 units and breezeway required by county. With the lack of rental units available in Forest City, these high end units are IN DEMAND. As of May 1st, units will be 100% OCCUPIED. See rent roll attached in MLS. Cap rate is indexed at 9.5% at full occupancy
Schedule your tour beginning March 8th. Agents see remarks for disclosures.
Listing courtesy of Juan Rivera, Rivera