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$1,450,000
0.33 Acres
Price Reduced $45,000, was $1,495,000! Updated 4-unit apartment building offering strong income and excellent flexibility for investors or owner-occupants. All four units are 3BR/2BA with 2-car garages and in-unit laundry. New $48K roof & gutters (2023). Unit 2954 is currently owner-occupied, fully updated, and can be rented short-term or long-term; furniture is negotiable. Unit 2956 is updated and operating as a short-term rental, with 2024 gross income of $58,465 and 2025 gross income of $58,212; furniture negotiable. Continue as a STR for maximum revenue or convert to a traditional lease while maintaining strong cash flow. Units 2958 and 2960 are both updated and leased on 12-month terms. Market rent for all four units is approximately $2,500 per month. An excellent opportunity for a turnkey investment, house-hack strategy, or owner-occupant seeking supplemental income in a well-maintained, income-producing property.
Inclusions:
4 Refrigerators, 4 Stoves, 4 Dishwashers, 4 Microwaves, 4 Washers, 4 Dryers, All window coverings, All items in section "Additional Information" of Additional Property information for 2954 / 2956 Kentville Dr. Owner occupied and short-term rental units.
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Adashun Jones, Inc.
Provided by: Madison Commercial Real Estate LLC
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