Investor Opportunity! Renovated 8-unit apartment building situated on a desirable corner lot, offering strong visibility and long-term rental appeal. The majority of the property has been updated, featuring new flooring, fresh neutral paint, recessed lighting, and updated kitchens and bathrooms throughout many of the units. The unit mix provides an excellent balance, consisting of a combination of 2-bedroom/1-bath apartments, 1-bedroom/1-bath apartments and studio units, appealing to a wide range of tenants and supporting consistent occupancy. Kitchens have been updated with modern finishes, and bathrooms have been refreshed for a clean, contemporary look. Tenant-paid utilities include electricity and electric heat. Owner pays water, sewer, and trash. The corner location enhances accessibility and curb appeal, contributing to tenant demand. This property presents a solid opportunity for investors seeking a stabilized or value-add asset with recent improvements already in place and room for continued upside through remaining updates, rent optimization, or operational efficiencies. Conveniently located near local amenities, transportation routes, and everyday services. A strong addition to any investment portfolio. Schedule your showing today!
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Listing Snapshot
Price
$699,900
Days On Site
283 Days
Bedrooms
10
Inside Area (SqFt)
5,660 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1910
MLS® Number
PADA2052534
Status
Pending
Property Tax
$2,072
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
2 weeks ago
Status changed to Pending
2 weeks ago
Listing updated with changes from the MLS®
3 months ago
Price changed to $699,900
9 months ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Other
Parking
On Street
Property Sub Type
Townhouse
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
5660
SqFt Total
5660
Style
Traditional
Utilities
Phone AvailableSewer AvailableWater AvailableElectricity Available