Price $1,580,000
Status Active
Beds 22
Baths 14 Baths
Home size 10,910 sqft
Lot Size 2.31 ac
14 units, 3 building apartment complex. 100% occupied. 8 units are 2 BR/1 bath and 6 units are 1 BR/1BA. Metal roof is approximately 10 years old. Many upgrades which include updated plumbing, electrical, heat pump/central air in the 2 BR units and central heat new in the 1 BR units with window units, hot water heaters. Two community wells on the property and owners say water flow and supply are good. Current rent roll is $8430 per month/ $101,160 per year. Two units are not on the rent roll due to the owner retaining those for her employees and she rents the 2 BR at $650 and the 1 BR for $550 (same as all other tenants). Termite Warranty. Water is supplied by two community wells and owners provide electricity for the water.
Property Type(s): Multi Family
Tract None Year Built 1980
Community None County Rutherford

SCHOOLS

Elementary School Unspecified
Jr. High School Unspecified
High School Unspecified

Additional Details

AIR Central Air, Electric, Heat Pump
AIR CONDITIONING Yes
APPLIANCES Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
HEAT Electric, Heat Pump
LOT 2.31 acre(s)
LOT DESCRIPTION Cleared, Level
MLS STATUS Active
SEWER Septic Tank
STORIES 1
SUBDIVISION None
UTILITIES Electricity Connected

Location

 

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Listed with Odean Keever & Associates, Inc.
Date last updated: 1/7/25 8:32 AM PST

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