Olive Street Apartments is composed of 16 units located on .40 of an acre; consisting of 1-Studios, 11-1BD/1BA,& 4-2BD-1BA. The original complex was built in 1981 and has 100% occupancy. This building is master metered for all utilities with the landlord paying for electric, water, for the community laundry room. Tenant pays sewer, trash, electricity that is separately metered, & water on a RUBS Program (Ratio Utility Billing) which increases the net operating income. The on-site laundry facility includes an onsite coin system and provides 24/hr laundry access with keyed entry for tenants. This provides another opportunity to increase net operating income.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
