Great investment opportunity (12% cap rate) in the heart of the downtown business district! $45,120/year gross income. 4 apartments and 1 storefront. 100% occupied. All apartments are rented for $695/month. The storefront is a consignment shop and is rented for $1000/month. Tenants pay gas/electric and owner pays water, maintenance, trash, common area electric. Completely gutted and remodeled with new roof, walls, electric, plumbing, furnaces, and all apartments are brand new inside (kitchen, appliances, baths). Coin Laundry in 2nd floor hallway. Permits were pulled for all work and city approved. Call list agent for showing instructions.
Subject To Tenant Rights
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This listing courtesy of Mindy Baumann (866-212-4991), EXP Realty, LLC (8662124991). All Information is believed accurate, but is NOT guaranteed.
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