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Property Details: • Type: Single Family • Bedrooms: 2 • Bathrooms: 4 • Square Feet: 3600 • Lot/Size: 5,032 sqft lot
Description: Over 6% cap rate! Located at the intersection of the highly desirable Herron Morton and Old Northside neighborhoods, AND in a designated Opportunity Zone, this property offers a prime opportunity for experienced landlords, or investors entering the multifamily market. The complex consists of three all brick buildings, four units each. Buildings can be purchased together as a 12 unit complex, or split into four plexes. Each building already has its own parcel number and legal description. (See BLC#22103331 for commercial 12 unit listing. ) Each unit features a spacious two bedroom, one bath layout with lots of natural light. Units are currently leased for $895-$995 per month. All leases will
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