TURN KEY RENTAL INVESTMENT OF 8 UNITS, FULLY OCCUPIED WITH MANY CAPITAL IMPROVEMENTS COMPLETED. Modoc Apartments is an upscale three-unit apartment with a two-story 4-plex and two duplexes. The 4-plex offers 3 bedrooms and 2.5 bathrooms with a two-car garage, washer/dryers, refrigerators, stoves, microwaves, and dishwashers. The roof and gutters are less than 2 years old. The duplex facing Modoc has 2 spacious bedrooms and 2 full bathrooms, appliances, and a single-bay garage. The most recently built duplex, facing 3rd street, is a 2 bedroom plus an office area and two car garage with appliances. Currently, the owner pays for water/trash and yard maintenance and has invested a lot into capital improvements, such as central heat and air, painting, flooring, roof, gutters, french drain, and more. Gross rent is $10,350, however, 3 units are rented under market value.
- Age: 21-30 Years Old
- Amenities: Dock, Vaulted Ceiling, Ceiling Fan, Cable Ready
- Appliances: Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
- Architecture Style: Ranch
- Cooling System: Central A/C
- Floor Covering: Carpet, Tile, Vinyl
- Heating System: Central Furnace
- Lot Size: 0.72 Acres