Description
The property consists of (12) one bedroom units and (4) two bedroom units for a total of (16) units, constructed in 1968. Roofs are estimated to be less than 10 years old. Windows are vinyl. All electric baseboard heat, lowboy electric water heaters, wall a/c. Single electric meter for all units, owner currently charges back utilities to tenants at a rate of ~$110 per month per tenant. The opportunity: average rents $590 and $746 currently, rent comparable show 1 bedrooms can command $775 and two bedrooms can command $825 with no utilities included. The property is situated in an established neighborhood of homes that trade in the $250,000 + space and next door to Jennings County Middle School and High School.
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0BEDS
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0.67ACRES
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0BATHS
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01/2 BATHS
School Information
Description
The property consists of (12) one bedroom units and (4) two bedroom units for a total of (16) units, constructed in 1968. Roofs are estimated to be less than 10 years old. Windows are vinyl. All electric baseboard heat, lowboy electric water heaters, wall a/c. Single electric meter for all units, owner currently charges back utilities to tenants at a rate of ~$110 per month per tenant. The opportunity: average rents $590 and $746 currently, rent comparable show 1 bedrooms can command $775 and two bedrooms can command $825 with no utilities included. The property is situated in an established neighborhood of homes that trade in the $250,000 + space and next door to Jennings County Middle School and High School.
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