The Marion Apartments is well-maintained 69-unit multi-family community located in the Arden Arcade submarket. Approximately 80% of the units have upgraded interiors, the exterior was recently painted within the last 3 years, and there is a great opportunity to increase the income stream by converting all the units to Section 8 tenants over time. The property's quality and current income being collected make it an attractive investment day one with future growth potential. We have a call for offers scheduled for December 16th.
Features
100 bedrooms
3 bathrooms
directions_car105 carspaces
directions_car69 carport spaces
36 open car spaces
51120 sq. ft. floor area
crop_free114127.2 sq. ft. lot size
cottageMulti-Family
Property history for 2228 Edison Ave
2015
Sold
$180,041
01 May 2015
Happy sellers in Arden-Arcade
95%
sentiment_very_satisfied
95% of sellers in Arden-Arcade reported that their sale price either exceeded or met their price expectations.
Arden-Arcade stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 4 reviews in Arden-Arcade over the last 12 months.
Local market activity for 100 bedroom multi families in Arden-Arcade
Sold
For Sale
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