Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1979
Sq.Footage
N/A
Exceptional multi-family investment opportunity featuring 23 one-bedroom, one-bath units spread across three separate buildings, offering strong rental demand and operational flexibility. The property also includes a 24th unit currently operating as a Speed Queen laundromat, providing an additional income stream and a convenient on-site amenity for tenants. Each unit offers a functional 1 bed / 1 bath layout, ideal for consistent occupancy and easy management. The three-building configuration helps distribute utilities and maintenance while creating a comfortable residential environment for tenants. A major highlight of this property is the additional lot space, presenting excellent future development or expansion potential. Whether you're looking to add more units, enhance amenities, or increase parking capacity, the extra land provides room for growth and value appreciation. Key Features: 23 residential units (all 1 bedroom / 1 bathroom) 3 separate buildings for flexible management Speed Queen laundromat operating in the 24th unit (additional income potential) On-site laundry amenity for tenants Extra lot space for expansion or development Strong rental demand with efficient unit layouts Ideal for investors seeking cash flow with value-add potential This property offers a compelling combination of steady income, tenant convenience, and future upside, making it a strong addition to any real estate investment portfolio.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s), Window Unit(s)
-
Heating YN
YES
-
Heating
Other, Varies by Unit
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Other
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.1616
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,327,000
-
Tax Amount
$2,801
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Accessibility Features
Accessible Bedroom, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s), Accessible Kitchen
-
Foundation Details
Brick/Mortar, Combination, Other
-
Ownership
Private
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Location
County
Butler
Elementary School
Middle School
High School
Listing Courtesy of Denzell Williams , Iron Gate Real Estate
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