$1,355,000

This apartment community has been updated and well maintained and is ready for a new owner looking for an amazing opportunity to earn income on residential property!! This sale includes two buildings with 26 units (18 in one building and 8 in the second building), along with two adjacent vacant lots (Parcel #s for vacant lots: 08-18.0-211-008 and 08-18.0-211-038). Both buildings consist of 26 one bedroom/one bathroom units, 600 sq ft each. All units have window/wall AC units, baseboard heat, free standing stove/ovens, built in microwaves and washer/dryer hookups located in the kitchen. The monthly rent ranges between $600-700 a month and the yearly rent total for all occupied units was $166,279 in 2025. At this time, there are 23 units occupied. Tenants pay their electric and internet and the current owner pays water, sewer and trash. Conveniently located between major thoroughfares N. Belt West and West Main Street for ease of access to public transportation with several local shopping and dining options. The yearly taxes for each of the four parcel numbers and tax is as follows: 08-18.0-211-036 $20,248.88, 08-18.0-211-032 $10,054.82, 08-18.0-211-008 $458.48, 08-18.0-211-038 $56.04.