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Property Description
Bonnie Lane Apartments. Turnkey investment offering- rare find- zoned R3 -2 structures. Main house with studio apartment currently rented. Apartment complex - 4 units upstairs units built in 2023, all are rented. Good Investment return- with additional potential income are excellent. see informational flier located in listing public documents. The 4,320 sq.ft apartment complex building in past years was utilized for a business. In 2023, conversion was completed building out 4 apartment units upstairs. Certificate of occupancy issued 2023. All the units are currently occupied with established tenants. The units include two 1 bed/1ba units, and two studio units. All the units have high quality vinyl flooring installed and are fully furnished with appliances. The complex has an impressive Wi-Fi Router system that covers entire property. The building's safety and security features include a $50k fire sprinkler system and 10 audio/video security cameras. A solar power system was installed in 2023 that produces up to 6,000 watts at peak power making May's electric bill only $185 for the entire property. From the lobby on the main floor, you'll find an office and laundry room for tenant use. Bike racks are in place for tenants to store their bikes. Parking is an ease with a newly paved parking lot. With the garages included there are 11 parking spots available. You must come see this property to appreciate all it has to offer.

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