Incredible opportunity to own one of the largest, most pristinely-maintained four-family apartment buildings in Clayton! Nestled in the heart of the enviable DeMun Neighborhood, this property boasts sizeable renovated 2-bedroom units with hardwood floors, great natural lighting, in-unit washers & dryers. Large updated kitchen with granite countertops and stainless appliances. Central AC & Forced-air heat. All units have the same layout &finishes, with minor differences: whereas the two west side units have kitchens with cherry cabinets & a large closet off the dining room, the two east side units have white cabinets & a second half-bathroom in lieu of the closet off the dining room. Updated plumbing throughout, updated electric including panels. Solid brick building, roof in great shape, one-to-one off-street parking in the rear. Offered at a 5.97% cap rate with conservative pro forma market rents, buildings of this caliber do not come available often. Call today! NOI is pro forma
Listing courtesy of Evan Kuhn, Broker. Selling Office: Coldwell Banker Realty - Gundaker.
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