Property Description

A rare opportunity to own this 16-unit solid brick two-level apartment building in the heart of Ellet. Of the 16 units, there are 3 currently vacant and being marketed for rent. The building is comprised of 14-two bedroom units and 2-one bedroom units. Four of the units are currently under a 1-year lease while the remaining are M2M. Most of the units have been updated and are furnished with kitchen appliances and wall units for cooling. Updates in recent years include a 100-gallon water heater, boiler, roof (2019). There is ample parking space in the asphalt parking lot along with 3 convenient sets of steps to access the second floor units. Added income for the new owner is provided by the coin laundry on the ground level of the building. The location is ideal with a Metro bus stop within walking distance along with shopping, dining, and highway access. The current rent roll and expenses as of 2/4/26 are attached

Property Features

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