APT E Oak Street

Description

Unlock the potential of this unique investment package! 3 properties included! This offering includes a seven-unit apartment building, a vacant buildable lot, and an additional lot with dilapidated house. The apartment building is a block structure with a metal roof, housing seven individual 1-bedroom, 1-bathroom units, each equipped with a kitchen and window AC units. No laundry. Water/Sewer included in rent. Tenants pay for Electricity with Ga Power. While all units require renovation, 3 are currently tenant-occupied, generating a steady income. This provides an immediate revenue stream while you plan and execute upgrades to maximize rental income. Adding to the value, included in price is a 0.17-acre vacant Lot directly across the street, offering prime potential for new construction, additional parking, or future development. Furthermore, a 0.37-acre lot located behind the apartment building at 379 N Cypress Street, which currently hosts a dilapidated house, is also part of this package. This is a comprehensive package deal perfect for investors looking to acquire a multi-faceted property with diverse income-generating and development possibilities. Property is priced according to condition and being sold As Is.