Great investment opportunity in a growth area minutes from downtown. 8 plex with a guaranteed monthly income, occupied or vacant. 8 - 1 bedroom units. 4 up and 4 down with full dry basement. Laundry facility on premises. All windows replaced with vinyl. One newer furnace, 2 years old. Roof inspected. Solid older building that needs very little. Common utilities. Beautiful Park view. Walking / Biking trails just steps from the door. Current rent is $600.00 per unit (winter) $630.00 per unit (summer). Utilities avg $1100.00 per month. Taxes and insurance approx $800.00 per month.
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