Property description updated with
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Previous Description:
www.2140dutchsloughrd.com; This 9-unit investment property consists of one 3bd/1bth house, two 2bd/1bth units, five 1bd/1bth units, and one studio unit. The property was built in 1946 and sits on a large 40,075 square foot lot with ample room for parking, possible expansion, etc. The property is 100% occupied, easy to manage, and many units are under market in rent offering considerable rental upside for the next owner. All units were remodeled in 2015 and all deferred maintenance has been addressed providing a turn-key investment. Additional upside includes a large garage under the house with a bathroom that is not being rented along with a 24 slip boat dock that can be re-built for $75,000. This is a perfect opportunity for an investor or owner-occupant seeking a cash-cow waterfront apartment complex with multiple avenues for growth.
Updated Description:
www.2140dutchsloughrd.com; This 9-unit investment property consists of one 3bd/1bth house, two 2bd/1bth units, five 1bd/1bth units, and one studio unit. The property was built in 1946 and sits on a large 40,075 square foot lot with ample room for parking, possible expansion, etc. The property is 100% occupied, easy to manage, and many units are under market in rent offering considerable rental upside for the next owner. All units were remodeled in 2015 and all deferred maintenance has been addressed providing a turn-key investment. Additional upside includes a large garage under the house with a bathroom that is not being rented along with a 24 slip boat dock that can be re-built and leased for additional income. This is a perfect opportunity for an investor or owner-occupant seeking a cash-cow waterfront apartment complex with multiple avenues for growth.
