32 bedroom house for sale

Overview

MLS# 277012 This one of kind real estate portfolio is now available. This offering is being sold as a package of five properties, four of which are located adjacent to one another. There are 32 total units, each being a 2 bed and 1 bath. 1250 NW State is on the corner of Timothy St and State St and is a 6 plex built in 1971 featuring 5616 sq ft with each unit having 2 beds and 1 baths, electric heat and access to 1 on site-laundry room, and covered parking. Adjacent is 237 NW Timothy which is a 12-plex built in 1971 featuring 11, 232 sq ft with each unit having 2 beds and 1 bath, electric heat, access to 2 on site laundry rooms, patios and decks, and covered parking. Adjacent is 229 NW Timothy which is a 4 plex built in 1970 featuring 3360 sq ft with each unit having 2 beds and 1 bath, electric heat, hook ups for laundry in each unit and covered parking. Adjacent is 225 NW Timothy which is a 4 plex built in 1970 featuring 3360 sq ft with each unit having 2 beds and 1 bath, electric heat, hook ups for laundry in each unit and covered parking. The last property offered in this portfolio is a 6-plex located on 1335 NW Deane St. Built in 1971, this property features 3744 sq ft with each unit having 2 beds and 1 baths, electric heat and access to 1 on site-laundry room, and covered parking. This portfolio will not be sold separately, it will be sold as a package. Each property is on a separate legal description. Interior photos are of a representative unit. Recent capital improvements include new flooring and appliances in many of the units, a new roof and new water line for 237 NW Timothy. Gross income for 2023 is $311, 967.92. Current rents is 860 per unit. There are no vacancies. Reach out for more information on this investment opportunity.