$199,000

Great Investment Opportunity in Woodlawn! This is a 4-unit apartment building located in a Special Opportunity Zone, meaning it has potential for big returns equity builder. The building is about 3,844 square feet and sits on a 6,176 square foot lot. It has a full basement that could be turned into another apartment. Located in the popular Woodlawn area, this brick building is perfect for investors looking for high rental demand. It has a new roof, windows, and stairs installed in 2023. However, it needs a lot of work to be livable. Currently, the building has four apartments. The new owner can remodel to create up to eight or ten bedrooms and four or five bathrooms. The seller is offering the property "As-Is," so buyers should be ready to do their own repairs and improvements. Similar properties in the area are priced around $765K, so this could be a very profitable investment. Don't miss out on this chance to own property in a hot market! For more details, contact the listing broker. Please note, the property has two PIN numbers. Buyers should do their own research before purchasing.