If you are looking for a portfolio investment property convenient to school and easy acess to highway, here you go ! It's near to elementary and high school, well-maintained aprtment building complex totally has 8 buildings, inculding 5 one story ranch style, 3 two story style, total 22 units, each unit features 2b1b, 728 sqf floor plan, with central heating and cooling system, also laundry Hook up in each unit. Landlord pays water, sewer, trash, lawn & snow removal, tenants pay electricty and internet. It's fully leased and 15 units renewed to 2023 summer, projected annual gross rent $177k. Monthly water & sewer average cost around $815, monthly trash $135, HVAC system replaced 10-11 units during last 5 years, lawn and snow cost around $10,000 annually. One building roof was replaced during last 5 year. Internet & cable available through Comcast or Smithville, At&T as well. All potential buyers shall provide fund proof before schedule showings. If it's pre-qulification letter, 25% down payment fund proof shall be provided. Rent roll & P&L available to share upon receiving fund/financial proof. Seller may do 1031 exchange. Please give 5 days to review and respond offer.
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.
