Ideal for Investors! This charming 3-bedroom, 1.5-bath condo is a strategic asset for any savvy investor. With significant capital expenditures already handled, including a heating system, HVAC, and water tank , this property is a low-risk, high-return investment. The beautifully floors and practical layout make it instantly appealing to quality tenants, ensuring a fast lease-up and steady passive income. Don't miss this opportunity to add a valuable, turnkey property to your portfolio.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 5
- FullBath Level: Second
- FullBath Description: Tub & Shower
- HalfBath Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- LaminateCounters
- CentralVacuum
- Flooring: Wood
Appliances
- Dryer
- Dishwasher
- ElectricCooking
- Microwave
- Refrigerator
- WaterHeater
- Washer
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Electric, HeatPump
- Heating: Yes
Land Info
- Lot Size Acres: 5.4686
- Lot Size Square Feet: 238212
Garage and Parking
- Parking Features: Assigned
Homeowners Association
- Association: Yes
- Association Fee: 245
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 245
School Information
- Elementary School: Reid
- High School: Huguenot
- Middle School: River City
Amenities and Community Features
- Community Features: CommonGroundsArea, HomeOwnersAssociation
Other Property Info
- Annual Tax Amount: 924
- City Region: Elkhardt
- Source Listing Status: Pending
- County: Richmond City
- Tax Year: 2024
- Ownership: Individuals
- Source Property Type: Residential
- Area: 60 - Richmond
- Property Subtype: condo
- Source Neighborhood: The Madison Place Condos
- Ownership Type: SoleProprietor
- Parcel Number: C007-0553-208
- Postal City: Forest
- Subdivision: The Madison Place Condos
- Zoning Description: R-43
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1084
- Year Built: 1970
- Above Grade Finished Area: 1084
- Building Area Source: Assessor
- Construction Materials: Brick
- Levels: Two
- Living Area Source: Assessor
- Property Age: 55
- Property Attached: No
- Property Condition: Resale
- Roof: Shingle
- Levels or Stories: 2
- Building Total Stories: 2
- Total Above Grade Sqft Area: 1084
- Year Built Details: Renovated
- Architectural Style: TwoStory
Utilities
- Sewer: PublicSewer
- Water Source: Public
