$525,000

206-221 Ambrose Drive

1920 2248, 24319

Description

This is an excellent income-producing opportunity. This is a multi-family rental complex consisting of 6 duplex apartments (12 units in all). All units are well-maintained and many recent up-dates have been made. The parking lot is freshly paved. Each building is served by a separate septic system. New risers have just been added to each septic and all were just pumped. New water meters have been purchased and are being installed. All 12 units will have individual water meters and tenants will pay their own water bill. Each unit also has it's own electric meter and tenants pay their own electric bill. A new concrete slab was just installed for a community trash dumpster. Some units are freshly painted and have new floor coverings. Six units have heat pumps which have just been thoroughly serviced. Six units have electric baseboard heat and tenants can install their own window unit A/C. Most water heaters have been recently replaced. All units were recently pressure washed.

Details

MLS#71496
Listing TypeFor Sale
Sub-TypeResale
StatusContingent
Year1998
Days On Site145

Features

SQ Feet1,536
Units12

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Area Information

State2248
County3282
City1920
Zip Code24319
Area3258
Listing VS Median (in 24319)
Price:
$525,000
low | high
Med:
$45,000
100% of Average
SqFt:
1,536
low | high
Med:
0
100% of Average
$ / SqFt:
$342
low | high
Med:
$0
100% of Average
On Site:
145
low | high
Med:
6
100% of Average
Listing Updated: 02/20/2020
MLS Number: 71496
Listing Provided By:
Dorothy Greer  of  Heartland Real Estate Inc.