This 12-unit apartment building is now available to add to your real estate investment portfolio. Located one block from Ritter Park and just off 8th Street, this is a sought after location for tenants. Of the 12 units, 11 were remodeled in 2019-2020. This property has a historically low vacancy rate. Each unit is 1-2 BR and 1 FB. Off-street parking is available in the front and rear of the building. Tenants pay all utilities - water, sewer & electric. Total monthly rents are $8,525.00 - updated 5/2023 as rents have raised since the remodels as tenants have changed.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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