Active

$799,000

Features:
  • 6 Bedrooms
  • 12 Bathrooms
  • 5030 sq ft
Overview
  • ID: MFRK4903360
  • Bedrooms: 6
  • Bathrooms: 12
  • Size: 5030 sq ft
Property Details
Remarks
Exceptional 11-Unit Income Opportunity with Strong Rental Appeal! Don’t miss this unique mixed-unit multifamily property offering a versatile unit mix designed to attract a wide range of tenants and help minimize vacancies. With all 11 units currently occupied and long-term leases in place, this property provides immediate and stable income for the savvy investor. Ideally located with convenient access to schools, shopping, medical facilities, and major travel routes including Hwy 27 and SR 60, tenants enjoy easy north/south/east/west commuting—making this a highly desirable rental location. Recent improvements include a new roof and new septic drainfield, offering added peace of mind and reduced near-term capital expenses. Whether you’re expanding your portfolio or seeking your first solid, income-producing asset, this property checks all the boxes. Private showings are now being scheduled—secure your opportunity today!
Financial Considerations
Price:
$799,000
HOA Fee:
N/A
Tax Amount:
$9928
Price per SqFt:
$158.85
Tax Legal Description:
RIDGE MANOR SECOND UNIT PB 19 PG 16 BLK 11 LOTS 4 THRU 6 & PT OF LOT 7 DESC AS: BEG SE COR NLY TO NE COR W 30 FT SLY 151.95 FT TO POB
Exterior Features
Lot Size:
34360
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other, Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
6
Bathrooms:
12
Heating:
Electric, Space Heater
Cooling:
Wall/Window Unit(s)
Appliances:
N/A
Furnished:
Yes
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Quadruplex
Style:
N/A
Year Built:
1926
Construction Type:
Stucco, Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
N/A
Map
  • Address
    315 RIDGE MANOR DR
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