





Description
Great multi-family opportunity! Twenty apartment units; all are 2-bed /1-bath flats. Two units currently under renovation and will rent for $800 in August 2023, at which point monthly rent would total $11,850. There is an office building on-site with a common laundry room. The office could be converted to an additional apartment, bringing the total to 21 units. There are two vacant lots on the front of the site that could be built upon, subject to city approvals. More additional land is on the rear of the site that could have potential for a green space, grilling area, or a small dog park, etc. Additional income source could be implementation of pet fees. Owner currently pays for internet and water. Quote available for cost to get water separately metered by Starkville Utilities.
Updated: 4th October, 2023 8:45 AM (UTC)
Listing Agent:
Listing Office: FARMER COMMERCIAL PROPERTIES