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Property Description

This single-level apartment building comprises 12 units, offering a blend of rental stability and potential for growth. Currently, 8 units are rented. Additionally, 2 units are vacant and renovated, promising future rental income without immediate renovation costs. The remaining 2 vacant units need renovation, presenting an opportunity to increase the building's value. Each apartment features an open layout between the kitchen and living area, creating a spacious feeling that appeal to tenants. This apartment building represents a great investment opportunity, combining immediate rental income, potential for increased returns, and the chance to add value through renovations. With the right vision, this property could become a cornerstone of a successful real estate portfolio.

Overview

Property Status
For Sale
MLS ID
914601
Property Type
Condo
Year Built
1993

Features & Amenities

Garage Spaces
35600.0
Water Source
Private Well
Parking
Private (10 or More)
Heat Type
Baseboard Electric
Air Conditioning
Window A/C
Sewer
Private Septic
Elementary School
Gretna Elementary
Middle School
Gretna Middle
High School
Gretna High
School District
9 & 10
Sales Price
$509,999
Real Estate Tax
$1,042/yr
HOA
$12
Zoning
R1

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284 Farmers Mountain RD

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284 Farmers Mountain RD

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