306 E Pine

Description

Expand your real estate portfolio with a proven income-generator at 306, 308, and 310 Pine. This well-maintained, ten-unit apartment complex spans three connected buildings and represents a solid, low-maintenance asset designed to deliver consistent returns from day one. The complex features ten one-bedroom, one-bathroom units, each equipped with essential amenities including a stove, refrigerator, and a window unit for both heating and cooling. The property currently boasts strong occupancy with seven tenants in place, leaving only three vacancies that are actively being marketed and rented. Constructed entirely of brick, these buildings are durable and low-maintenance. They offer enhanced security with electric keypad access at the main entrances and on several individual units. Additionally, a continuous basement spans two of the buildings with access through 310 Pine, offering substantial space for storage or future utility. The location is unparalleled, sitting directly on a major bus line and within walking distance of key community resources. The property is just a short trip from the hospital, downtown restaurants, the courthouse, churches, and more. With the owner currently covering all utilities except electricity, this property offers a streamlined management experience and a clear path to maximizing returns.