This is a build to Suit opportunity. Plans are complete and ready for construction upon permitting from city. Building to be 12 - 2BR 1BA approximately 600SF each, of which 11 can be leased and 1 used as an office space (pursuant to parking and city regulation).
Wow !!!!Right on Southern Avenue!Price Adjusted for quick sale! What an opportunity for your buyer and investors!!!Next door to school and Dollar store across the street. This has 6 units on busy frontage.Great Location for this multifamily project or ??? Rents previously averaged around $500 per unit. You do the math! Units do need remodeled/rehab'd and property has been priced accordingly. Owner's loss is your gain. Drive by and take a look. My office is right around the corner and I will be glad to meet you there. Main home is frame construction but other 5 units are block. Back units are all 2 bedrooms/ 1 bath. Front home was an original 3/1.
GREAT FULLY REMODELED UNITS, NEW STUCCO, FRESH PAINT,NEW A/C UNITS WHERE JUST INSTALLED, TILE THROUGHOUT THE UNITS, TWO WASHER AND DRYER STATIONS, BLOCK FENCE ALONG ALL PROPERTY LINE, HUGE LOT. GREAT INVESTMENT PROPERTY.