Description

This 5 unit apartment building is located south of the Anderson Central Business District. The city bus line is one block to the west. A Kroger’s grocery is located within walking distance. These apartments lease up quickly. Some long term tenants. Four 2 BR/1 BA apartments and 1 Efficiency. A storage area with potential rental income is located in the attached garage. Street parking only. A coin operated washer and dryer is available for tenants’ use. Income of approximately $100 each month is received from the washer/dryer. The landlord pays all utilities, EXCEPT Apt 1&4&5 now pay their own gas. Two of the three GFA furnaces are newer; no central air units.Within past 5 years: Electrician installed a new electric panel and new wiring throughout. Also, new Pex plumbing throughout. Financial figures are available for serious buyers. On-site tours of apartments are available for serious buyers providing a pre-approval letter, if financing, or proof-of-funds, if a cash purchase. (Apts vary in sizes and room layouts; Room sizes are estimated -except Apt 1 that was renovated in Nov 2024 with new kitchen cabinets all flooring and paint.)