Attention investors! This is a fantastic opportunity to build your portfolio with a turnkey 20-unit apartment complex that is 100% occupied and generating steady income. The complex features two-bedroom, one-bathroom units that are all located on the ground level, ensuring maximum convenience for your tenants. The seller is committed to maintaning the property and it reflects in the condition of each unit. Recent updates include interior painting and a new roof. Outside, each unit is an open patio area that is perfect for relaxation. The complex is conveniently located to the downtown area, making it a highly desirable location for renters. Green space located just across from the complex, offers a peaceful and serene environment that your tenants are sure to love. Don't miss out on this amazing investment opportunity - schedule a viewing today!
- Price:
- $1,250,000
- Bedrooms:
- 40
- Full Baths:
- 20
- Square Footage:
- 14,552
- Acreage:
- 1.55
- Year Built:
- 1977
- Listing ID #:
- 153382
- Street Address:
- 414 Mercer Avenue W
- City:
- Albany
- State:
- Georgia
- Postal Code:
- 31701
- County:
- Dougherty
- Community:
- Southeast Albany
- Subdivision:
- Other
- Listing Status:
- Active
- Listing Type:
- Duplex/Quad/Multi-Unit
- Construction Status:
- Construction Complete
- Exterior Features:
- Patio Open, Porch Covered
- Flooring:
- Carpet, Other-See Remarks
- Foundation:
- Slab
- Interior Features:
- Newly Painted, Open Floor Plan
- Square Footage Source:
- Courthouse
- Stories:
- 1
- Total Building Square Footage:
- 14552
- Type Of Roof:
- Shingle
- Walls:
- Other-See Remarks
- Year Built:
- 1977
- Lot Features:
- Paved Road
- Financing Options:
- Cash, Conventional
- Property Taxes:
- $7,985
- Tax Year:
- 2022
- Parking Description:
- Parking Pad
- Parking Type:
- Spaces
- Appliances:
- Other-See Remarks
- Electricity:
- Albany Utilities
- Energy Description:
- A/C: Central Electric, Heat: Central Electric
- Existing Water:
- Albany Utilities
- Sewage Type:
- Albany Utilities
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listings Provided By: Keller Williams Realty Georgia Communities
