16 Bedroom
10 Bathroom
5100 sqft
None
$2,150,000
The Blue Jay presents a prime opportunity for investors seeking stable returns in a high-demand rental area. This well-maintained 10-unit building features six 850 sq ft 2-bedroom units, two 1-bedroom + den units, and two 1-bedroom units. Each unit is thoughtfully laid out to maximize space and functionality, appealing to a wide range of tenants. Located just a short walk from lake access and nestled against a serene forested backdrop, The Blue Jay offers a natural setting that attracts tenants looking for both tranquility and proximity to outdoor activities. The property currently generates $156,000 in annual rental income with low annual operating expenses, providing immediate cash flow for prospective buyers. With solid rental income and a desirable location, The Blue Jay is an investment opportunity you don’t want to miss. Come and explore the potential this property offers for your portfolio! (id:56991)
Property Details
MLS® Number
|
40666008 |
Property Type
|
Multi-family |
CommunityFeatures
|
Quiet Area |
Features
|
Crushed Stone Driveway |
ParkingSpaceTotal
|
20 |
Building
BathroomTotal
|
10 |
BedroomsTotal
|
16 |
BasementType
|
None |
CoolingType
|
None |
ExteriorFinish
|
Vinyl Siding |
FireplacePresent
|
No |
FoundationType
|
Block |
HeatingFuel
|
Electric |
StoriesTotal
|
2 |
SizeInterior
|
5100 Sqft |
UtilityWater
|
Well |
Land
AccessType
|
Water Access, Road Access, Highway Access |
Acreage
|
No |
Sewer
|
Septic System |
SizeFrontage
|
205 Ft |
SizeTotalText
|
1/2 - 1.99 Acres |
ZoningDescription
|
R3 |