Attention investors! Here is a 5 unit income property located on the corner of West Spring and Perry streets showing excellent return! Two of the units are commercial at street level, with one renting for $450/mo., and the other at $400/mo. Then there are 2 apartments on the second floor, a 2 bedroom and a 1 bedroom that both rent for $400/mo. A third apartment with 1 bedroom also rents for $400/mo. and is at street level. The landlord pays for the water and sewer fees for each unit and supplies the kitchen appliances to the apartments. The tenants pay for the gas, electric, and cable. Many improvements have been made to the interiors of the property, however the exterior is in need of some refurbishing for which the seller is willing to provide a $10,000 allowance or price reduction. See listing realtor for contractor price quotes. Note: Commercial units have A/C, the apartments do not, but tenants are allowed to use window units. There is street parking.
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.
