Property
Beds
39
Full Baths
24
1/2 Baths
None
Year Built
1929
Sq.Footage
21,015
Exceptional Multifamily Investment Opportunity in the Heart of Marion! Great location! This 24-unit apartment complex is in close Proximity of downtown Marion, providing tenants with convenient access to shopping, dining, entertainment, and employment opportunities. With strong rental demand and excellent upside potential, this property offers an outstanding opportunity for investors looking to expand their portfolio or acquire a solid income-producing asset. The property is served by city water and city sewer, adding convenience and reliability for both ownership and tenants. Offering immediate cash flow with potential for increased returns through future improvements and rent optimization, this complex is positioned to benefit from Marion’s continued growth and demand for quality rental housing. Large multifamily properties like this rarely come to market. Whether you're seeking stable long-term income, portfolio diversification, or a value-add investment, this 24-unit complex presents a rare opportunity in a highly desirable location. Don't miss your chance to own this premier multifamily investment just steps from downtown Marion. Contact us today for additional information and financial details.
Features & Amenities
Interior
-
Total Bedrooms
39
-
Bathrooms
24
-
Above Grade Finished Area
21015.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Baseboard
-
Pet friendly
No
Exterior
-
Garage
No
-
Parking
Assigned
-
Pool
No
Area & Lot
-
Lot Features
Views
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$2,500,000
-
Sq. Footage
21,015
-
Price/SqFt
$118
HOA
-
Association
No
School District
-
Elementary School
Marion
-
Middle School
East McDowell
-
High School
McDowell
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
McDowell
Elementary School
Marion
Middle School
East McDowell
High School
McDowell
Listing Courtesy of Brandon Braswell , Realty Group 1 LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Agent | Team Lead
Jen Audier
Call Jen today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
