5 NICE Size, very Marketable One Bedroom Apartments, very close to the center of town, (fairly large living room, where most people spend a majority of their time at home, roomy separate bedroom with full bath, and generous size eat-in kitchen.
****Property Certified ‘Lead Free’ by the MDE (Maryla
****Property Completely Renovated in 1985 when converted from 2 units to 5 units, rebuilt from the foundation up, and all ‘mechanicals’ (Electrical, Plumbing, Insulation) replaced NEW with reno.
****ALL of the ‘Major’ Updates/Upgrades (Roof, updated mechanical, Plumbing, HVAC, Paved Parking Lot) have already been DONE for a future owner. With only mostly ‘cosmetic’ updates necessary in the future to greatly increase ‘marketability’ of units and future income.
****Current long term owner has left current rents below market, with all fairly long term tenants, BUT All current tenants on ‘month-to-month’ leases, which gives future owner the flexibility to make the cosmetic improvements/upgrades, to greatly increase future income from the Property.
7201 Wisconsin Avenue