$100,000 Price Drop. Motivated seller, bring an offer! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom. Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Units 3 and 5 (basement unit) are occupied at rents of $1,200/mo and $1,880/mo respectively. The others are vacant and can each be rented for $2,500/mo through the voucher program (including utilities). All units have central air. Pro forma NOI is over $85,000 even when keeping the current tenants in place!
Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
Presented By: Keller Williams Capital Properties
Interior Features for 2723 Jasper Street SE
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
General for 2723 Jasper Street SE
AccessibilityNone
Business TypeApartment Building
CityWASHINGTON
Construction MaterialsBrick
Cool FuelNatural Gas
CoolingCentral A/C
CountyWASHINGTON
DirectionsFrom Alabama Ave SE, turn on Jasper St SE
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