Description
This multi family property was completely gutted and renovated in 2019. The courtyard apartment has 7 units, consisting of 5, 2/2 units, 1 2/2 unit and one studio. There is also a stand alone 3/2 home on the same lot. There are a total of 8 income producing units. Units are consistently rented and there are no vacancies. This is a fantastic turn key rental property that has consistent cash flow should have no cap ex expenses for a long time to come. The property is close to downtown and is a great income property. The property is grandfathered in, you could never build this income producing property now due to restrictive zoning. Each unit is individually metered for power and tenants re-pay water bill each month. Gross monthly income is $6,625.00 ($79,500 annual gross income) Please contact agent directly, DO NOT DISTUB TENANTS. Duplex next door also for sale
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0BEDS
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0.5ACRES
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0BATHS
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01/2 BATHS
School Information
Description
This multi family property was completely gutted and renovated in 2019. The courtyard apartment has 7 units, consisting of 5, 2/2 units, 1 2/2 unit and one studio. There is also a stand alone 3/2 home on the same lot. There are a total of 8 income producing units. Units are consistently rented and there are no vacancies. This is a fantastic turn key rental property that has consistent cash flow should have no cap ex expenses for a long time to come. The property is close to downtown and is a great income property. The property is grandfathered in, you could never build this income producing property now due to restrictive zoning. Each unit is individually metered for power and tenants re-pay water bill each month. Gross monthly income is $6,625.00 ($79,500 annual gross income) Please contact agent directly, DO NOT DISTUB TENANTS. Duplex next door also for sale
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