Courtesy of , Keller Williams Town & Country
Property Description
Located in the heart of Monticello, this 5-unit investment property offers a prime opportunity for investors looking to add value and generate income. Positioned just minutes from local businesses, shopping, dining, and convenient interstate access, the location provides strong appeal for tenants seeking both convenience and accessibility. Currently, 3 of the units are occupied, providing immediate rental income, while the remaining 2 units are vacant and present an excellent value-add opportunity. Both vacant units are 1-bedroom, 1-bath units that need updating and repairs to become rent-ready, allowing the next owner to renovate and increase overall cash flow potential. Total Bedroom Count is 6 bedrooms and 5 bathrooms. Whether you are looking to expand your investment portfolio, renovate for increased returns, or capitalize on the growing demand for rental housing in Monticello, this property offers strong upside potential in a desirable in-town location.
Open House
Property Details and Features
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Appliances & Equipment
- Microwave
- Range
- Refrigerator
- WasherDryer
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Building
- Built in 1920
- Architectural style: OneStory
- Construction materials: Frame,Other,VinylSiding
- 1
- Toal building area: 2750
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Cooling
- CentralAir
- CeilingFans
- Electric
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Floors
- Carpet
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Heating
- Central
- Electric
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Income
- Gross income: $2,515
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Listing
- Listing ID: 400229
- Standard status: Active
- 63 days on market
- 4 toal units
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Location
- Subdivision name: –
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Parking
- Carport
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Possession
- CloseOfEscrow
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Property
- Patio and porch features: Patio
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Schools
- Elementary school: Jefferson County K-12 Schools
- Middleorjuniorschool: Jefferson County K-12 School
- High school: Jefferson County K-12 School