With a little bit of TLC and some elbow grease this would be an investors dream! Great location off of Old 13 and down a dead end road. There are 5 separate buildings each containing 4 units (2 upstairs and 2 downstairs) each unit has 2 bedroom, 1 bath, and their own washer and dryer hookup. Each building is on their own double lot, giving each complex their own address (9417, 9433, 9469, 9507, and 9487 Noble Lane). Currently seller pays water and trash and tenants pay electric. Apartment 4 has a newer roof and rehabbed upstairs. Seller has recent appraisal, appraising one building at $175,000 current listed under $120,000 per apartment building. Must be all purchased together. 2 bedrooms, 1 baths are currently rented at $500-$550.
Listing courtesy of House 2 Home Realty.
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