For Sale $645,000 - Apartment Building
12 unit building located in Maplewood a short walk to all of the shops and restaurants on Manchester. This well maintained building was built in 1968, the units have all been updated since the owner has purchased it. The owner replaced flooring, kitchen cabinets, bathrooms, systems, vinyl windows, etc. There are hotel style wall units which keep the units warm and cool, water heaters under the sink and there is no basement. There is an asphalt parking lot with 11 spots that was recently resealed. There are 3 plumbing stacks and it was all updated with PVC with the exception of 1/3 of one stack still being original, electric are breakers. All of the units are one bedroom units that are approximately 600 sq ft. The building is fully leased with the ability to raise all rents to $600 as is and the potential to raise the rents to $675 in the future with additional updates. Sold as-is.
Paying buyers agents 2.5%
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