COMMERCIALLY ZONED 7 UNIT APARTMENT HOUSE. This property is in excellent condition and all 7 units are rented. It consists of 2 - 1 bedroom apartments with rents of $450 each per month. There are 4 - 2 bedroom apartments which rent for $525, $675, $550, and $450. There is a 1 - 3 bedroom apartment that rents for $625 per month. Add all that up and you get $3,725. per month of income. Each apartment has updated kitchens and bathrooms. The tenant pays for their own heat and lights as each apartment is electric heat and they have their own circuit breaker panels and their own electric meter. The water and sewer is paid by Landlord. There are two rental gas hot water heaters that service the building and the landlord does pay for that. This is a fantastic building with excellent tenants. There has been many improvements such as new front steps and concrete and all newer windows The property sits on a huge lot on two separate corners. There is a separate storage shed.. A wonderful investment opportunity. You could also build another building on the adjacent lot that is included with this property or sell the lot for additional 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.
