Investment - 1% rule? This is 1 1/2%! Lower has a new kitchen - it's a really nice unit! The seller was going to update the other two kitchens when the tenants move out but all 3 tenants have been in the units for well over a year with no indication of leaving. All tenants passed a complete background check. The rents have not gone up since they moved in. Mo to Mo leases. Everything fresh paint and new floor. Several new appliances, water heater, sinks, faucets, toilets, light fixtures. Utilities are separately metered. There are 3 separate washer dryer hookups in the basement. The seller did not supply washer dryer. There is a storage shed in the back yard. One tenant does all of the grass and snow removal for a $50 per month discount on rent. Electrical all brought up to code.
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