Description
Fully renovated & low-maintenance 12plex in a great pocket of Spenard. All units had a stud-out remodel in '23-'24. Featuring new windows/sliding doors, upgraded electrical lines, new 4'' plumbing lines, appliances & all cosmetics. The property offers a balanced mix of eight 2-bedroom and four 1-bedroom units, positioning it well for stable occupancy. Upper units offer private WDs & Balconies. Heated & secured tenant storage. Lower units have shared WDs. Roofs resurfaced in 2023, 3 of the 4 water heaters have been recently replaced, and boilers have been well maintained. Rent roll (with scheduled increases) $20K /month with creditworthy tenants in place. Utilities currently included in rent, with room for future rental increases. Excellent location with nearby trail access, dining, and conveniences, 5 minutes from the airport. Buyer to verify all information. Contact listing office for a marketing package.
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20BEDS
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0.32ACRES
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12BATHS
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01/2 BATHS
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10,880SQFT
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$174$/SQFT
School Information
Description
Fully renovated & low-maintenance 12plex in a great pocket of Spenard. All units had a stud-out remodel in '23-'24. Featuring new windows/sliding doors, upgraded electrical lines, new 4'' plumbing lines, appliances & all cosmetics. The property offers a balanced mix of eight 2-bedroom and four 1-bedroom units, positioning it well for stable occupancy. Upper units offer private WDs & Balconies. Heated & secured tenant storage. Lower units have shared WDs. Roofs resurfaced in 2023, 3 of the 4 water heaters have been recently replaced, and boilers have been well maintained. Rent roll (with scheduled increases) $20K /month with creditworthy tenants in place. Utilities currently included in rent, with room for future rental increases. Excellent location with nearby trail access, dining, and conveniences, 5 minutes from the airport. Buyer to verify all information. Contact listing office for a marketing package.
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Listing information was last updated on: 2026-05-17T07:36:44.323.
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