We are pleased to present this high quality, value-add multifamily opportunity in Shelby Park! 1254 S Jackson consists of six (6) over-sized one beds. Ownership has intentionally left unit #1 vacant for showing purposes and for new ownership to pursue the rental condition they desire and set their own rental rate. Gross Income as-is with unit 1 rented is $41,580. It's as-is condition with conservative rental increases to $750/month bring the projected gross income to $54,000 annually. The property offers considerable updates including, but not limited to:+ New Roof+ 24 New Windows and aluminum wrapping+ Multiple unit remodels to kitchen, bath and cosmetics+ New door ways and key pad locking+ Updated electric+ Multiple HVAC and water heaters replaced within the last 3 years
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