Apartments For Sale
18,980 Sq Ft
Investors looking for a great income maker? You found it! One Building 35 S Salem-Warren Rd offers a 4-plex, and 51 S Salem -Warren Rd offers a 8 more. Currently the 4 plex has 1 apartment that needs about a $1000.00 worth of repairs to get that other $500.00 Mo rent. The 8 plex has two apartments that need the same for a combine total of another $1000.00 This would put you almost at a 15% CAP rate. If interested parcel 50-026-0-035.01-0 can be purchased as well to own the whole corner of a major intersection in North Jackson. Do Not MISS your opportunity to step in and start making money. Available land in the back could possibly be used to build storage units for more added value. Seller has been in hospital for 2-1/2 weeks and has listed together to sell quickly!
Call for a private showing today.