This 5 unit apartment building located 2 miles south of the Anderson Central Business District has become available to purchase. The city bus line is one block to the west. A Kroger's grocery is located within walking distance. These apartments lease up quickly. Some long term tenants. Four 2 BR/1 BA apartments and 1 Efficiency. A storage area with potential rental income is located in the attached garage. Street parking only. A coin operated washer and dryer is available for tenants' use. Income of approximately $100 each month is received from the washer/dryer. The landlord pays all utilities. The good rental rates cover the utility costs. Two of the three GFA furnaces are newer; no central air units.Within past 5 years: Electrician installed a new electric panel and new wiring throughout. Also, new Pex plumbing throughout. Financial figures are available for serious buyers. On-site tours of apartments are available for serious buyers providing a pre-approval letter, if financing, and proof-of-funds, if a cash purchase. (Apts vary in sizes and room layouts; all similar cabinetry.)
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
