Excellent Investment Opportunity, Legal 6-Unit , Corner Lot-Extra Wide 30x125 w/ Center Entrance. 100% leased with Annual Gross Income over $115,000 & NOI of $97,000, selling at over a 7% cap rate with tons of upside on current rent amounts. Oversized apartments btwn 1400-2400 sqft, 4 of 6 units recently rehabbed with hardwood floors, new kitchens and baths. Building unit mix (1) 4 bd/ 2 bt duplex down, (1) 3 bd/ 2 bt duplex down, (4) 2 bd / 1bt. Well maintained building with newer roof and back porch, Full Masonry TuckPointing & Sealing recently completed, brand new front slabbed entrance. Coin laundry in basement for add monthly income. Rent-Roll & Financials in Add Documents tab. 48hr notice for all showings, 100% tenant occupied.
Central Air, Central Individual, Window Unit/s
|Status Changed from New to Active||–|
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential Brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
Listing information last updated on September 17th, 2019 at 11:36am CDT.