6234-36 N. BELL AVENUE

Property Overview

Interra Realty has been exclusively engaged to market 6234-36 North Bell Avenue for sale. The subject investment property is a well-maintained, 13-unit apartment building in the highly sought-after West Ridge neighborhood, offering easy access to public transit and local amenities.

The property has been owned by the current owner for over 40 years and has been exceptionally cared for throughout this time. Recent capital improvements include a full rubber/oak wood roof replacement in 2023, full tuck-pointing, and new tandem water heater system. The apartments feature spacious layouts, with oversized one and two-bedroom vintage apartments that present a significant opportunity for value-add.

A new investor could consider converting the oversized one-bedroom units into two-bedroom apartments, allowing for a substantial rental increase. The building’s strong foundation and ongoing maintenance provide an ideal opportunity for an investor seeking immediate upside with minimal effort.

Highlights

  • Well-Maintained with Pride of Ownership on Display
  • High Rental Demand Submarket
  • Upside in Rents As-Is or Through Modernization
  • Large Units with All Having Dining Rooms

Key Details

Sale Price
$1,750,000
Number of Units
Thirteen (13)
Submarket
West Ridge