OPPORTUNITY IS KNOCKING! Purchase an updated 6-family apartment building in the desirable downtown Washington, MO area.
This building is in great shape, featuring an entire brick front/vinyl exterior & 4 units having nice decks off the back. All units share a similar layout featuring 4 - 2 Beds, 1 Bath, & 2 - 3 Beds, 1 Bath +/- 1,080SF, 2 units renovated & some updates of the kitchen, floors & paint over time. Well maintained Building, w/sound systems, and HOA continued maintenance.
The property is currently fully rented & the cash flow is strong - market rents are $975 for 2 bedroom & $1050 for 3 bedroom. Easy to find good tenants and keep rented. The new owner will take on a strong income-producing building from day one, with room to grow on monthly income.
Affordable housing is in high demand, meaning this building is easy to rent!
High occupancy and low maintenance make this property a winning deal!
Priced well below recent multi-fam bldg sale nearby. Please do not disturb tenants.
7 Village West Financials
Leases
HOA Restrictions Part 1
HOA Restrictions Part 2
Condo Resale Certification
Lead Based Paint Disclosure
Offered at: $459,000
Marketed by: Jacob Stallmann | 636-234-5838 | Broker/Salesperson | ELS Real Estate Group LLC
ELS Real Estate Group, LLC is not responsible for financial figures, Buyer will need to verify the information.