1620 Edmunds Street

Great Investment Opportunity! This property is not a Senior-only property nor is it a low-income or any Government-Regulated property. This well-maintained exterior brick property features 30 one-bedroom, one-bath units (per appraisal, approximately 450 SF each), plus a 3008 SF residential home with 3-bedroom, 2.5-bath, hot water baseboard heat, also a very nice 15' x 13' Sunroom, a wooden deck and patio. The house includes a refrigerator, electric range/oven, microwave, dishwasher, washer, dryer, 4 HVAC mini split units, and an attached two-car garage with shelving and cabinets. The area around the house is beautifully landscaped. Per appraisal the lot is 1.49 acres (65,133 SF). The home is currently unoccupied and offers additional rental income potential. Each apartment unit includes its own individual parking spot, electric range/oven, window coverings, and new individual HVAC mini split units. Major upgrades completed within the last 3 years include a new roof, drain pipe plumbing replaced throughout all apartment units and the residential home, and asphalt seal coating on the driveways. A 36' x 30' detached garage is included and comes complete with cabinets and shelving. 20' x 28' on-site laundry room features 3 washers, 2 dryers, along with ample storage, shelving, and cabinets. The subject property is zoned R-MD (Residential - Medium Density) by the City of Brush Planning and Zoning Department, allowing a combination of single-family and multi-family uses. According to the FEMA Flood Map Service Center, the property is located outside of a floodplain.