Choice five unit aluminum sided single story apartment complex on a dead end street -- loads of privacy which makes this an even more desirable income producing property! Three units feature two bedrooms, living room, equipped eat-in kitchen, full hall bath, and an attached carport with adjacent private laundry facilities. Each two bedroom unit is rented for $550.00/month. Two units feature one bedroom, living room, equipped eat-in kitchen, full hall bath, and an attached carport with adjacent private laundry facilities. Each one bedroom unit is rented for $500.00/month. All five units are currently under an annual lease and feature separate gas forced air furnaces as well as separate central air conditioning units. Range/oven and refrigerators are owned by the property owner and will convey with property upon settlement -- washers and dryers are owned by tenants. Property owner currently pays water, sewer, garbage, and is responsible for lawn maintenance -- tenants currently are pay Ameren. Structure is on a concrete block crawlspace. Addresses are 1418 5th Street, Lincoln -- Apartments 1-5. Talk about a choice investment property -- this one is HOT and will NOT last long!
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