196 Stone House Ln

Highlights:

• Days on Market: 4
• Parking Features: Private
• Heating: Baseboard - Electric

Description:

Hard to find and well-maintained 12 unit apartment complex is situated on a generous 2.9-acre lot. Constructed with vinyl siding and brick, this property boasts a solid foundation and is in very good condition, ensuring minimal immediate maintenance costs for investors. Some updates include new roofs and siding in 2019 and exterior doors and 84 windows replaced in 2023. The interior features a blend of carpet and ceramic tile flooring, providing for comfortable residential units. Each has a private entrance, all appliances and laundry. Each unit also has access to their own private storage unit and assigned private parking. Accessibility is a key advantage, enhancing the property's appeal to potential tenants. This property is strategically positioned to capitalize on local market demand, making it an ideal choice for investors seeking to generate consistent rental income. The current owner covers essential expenses such as trash, water, sewer, real estate taxes, and insurance, streamlining operational management. With no association fees or restrictive amenities. The low overhead costs and well managed property positions it as a lucrative addition to any investment portfolio. Seize this opportunity to invest now.

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Listing ID: 804692192842