Investment Highlight 4-4-2017
Today’s highlight is brought to you by David Renberg, listing courtesy of Foundation Realty.
1014 Bluemont is an exceptionally close to campus investment property. It is a converted tri-plex with all modern plumbing and electrical, as well as modern mechanical units. All three units are on separate HVAC. There are three: two bed, one bath units. The top two units are rented together for $1,520 through next school year, and the basement has a history of renting for $610, and is currently up for re-lease at the end of this semester. The gross lease is $2,130 per month.
- This property should never be vacant due to its proximity to campus
- Although built in the early 1900’s, it has been completely modernized
- The property is boxed by larger complexes, effectively eliminating development potential
This property is a great opportunity to acquire a property very close to both Aggieville and campus, at an attainable price point for the area.
Call Foundation Realty at 785-473-7230 for more details about investing!