Presently priced at 764,900 or Best Offer. 12 quality all masonry exterior townhouse apartments on .62 acres. Also included, is a 3-bedroom single story house with a detached 1 car garage on .31 acres. The apartments are separated over 3 buildings, with 4, 2 story townhouse apartments per building. The complex is located in a quiet residential neighborhood, and adjacent to a small city park. It is within convenient walking distance of beautiful downtown napoleon, with all that it has to offer. This lovely property has been family owned and cared for, for 2 generations, providing excellent rental income. The apartments and house operate on a yearly lease basis, offering a stable, consistent, and quiet residential environment. All units are currently leased through July of 2022. Ample on site parking is available. The landscaping around the buildings is very colorful. It has been designed to be low maintenance, primarily perennials, providing beautiful blooms from spring to late fall. A maintenance building is also located on the property. Current and Recent Maintenance to apartment buildings · 2 buildings were reroofed in 2019 with lifetime dimensional asphalt shingles. · 1 building was reroofed in 2016 with lifetime dimensional asphalt shingles. · Parking was crack filled and sealed in 2020 · Gas furnaces and gas water heaters were replaced in 2017 · All kitchens and bathrooms have been upgraded within the last 5 years · Exterior doors, windows, and shutters were caulked, sealed and painted in 2020 Amenities of apartments · Windows are Weather King vinyl thermopane tilt to clean · Both entrances have Larson Aluminum storm doors · First story Air Conditioning · Utility room with washer dryer hook ups · Stairs, bedrooms, and upstairs hall landing have beautiful hardwood floors · Many closets throughout the apartment, including a walk in closet in the master bedroom The house is a quaint and cozy 3 bedroom, 1 bathroom, with a detached 1 car garage. The house has been recently renovated in 2021. This includes, new solid surface vinyl plank flooring, central air conditioning and furnace, bathroom and kitchen upgrades, new ceiling fans, and lighting. It features thermopane windows, covered front porch with composite decking, a standing seam roof, and vinyl siding. A new deck was built on the rear of the home in 2020, overlooking the large back yard, providing a great place to relax. The property features healthy, well maintained mature trees, fully trimmed in 2020.
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