Nice, well maintained 4 unit apartment building in Farrington Grove. Strong rental history with low vacancy rate. Vinyl sided exterior, updated vinyl clad thermopane windows and a new roof in 2010. Tenants pay own electric (separate meters) and landlord pays gas, water and sewer. 1540 & 1542 have access to basement for storage use and washer and dryer hookups. Tenants also have access to 2 car detached garage for storage. Two GFA furnaces and hot water heaters, one serving North 1/2 and other serving South 1/2 of building. YTD expenses per owner average Gas $151/mo, Water $83/mo, Sewer $100/mo, Insurance $71/mo.. Looking for a sound real estate investment? Please call David Boeglin at 812-249-6798 to arrange to see inside.
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