Turn-Key, 6-Unit in Prime VA Highland nieghborhood, $17K in Recent Upgrades. $7,265 current monthly gross.
Rare opportunity to own a fully occupied, low maintenance 4-sided brick 6-plex, steps from the Beltline and Ponce City Market.
This is a true "buy and hold" asset: the seller just invested $17K addressing inspection items to ensure the property is in excellent condition for the next owner.
Low Overhead: Units are separately metered for gas/electric (tenant paid). Tenants pay a flat water fee (included in monthly gross income figure).
Infrastructure: Recently replaced water/sewer mains. Freshly painted exterior. Each unit features its own washer/dryer and electric wall unit HVAC.
Stability: 100% occupancy with a history of reliable, on-time payments; half of the tenants have been there for 3-6 years.
Note: 35% min down for DSCR. No seller/creative financing. Showings granted during due diligence with accepted offer.