Great investment opportunity. This 6 unit apartment building is located on Park Avenue right across the street from the Galena bridge. Two of the four 2 bedroom units currently receive $575 per month in rent and the other 2 bedroom unit is currently receiving $550 per month. The two 1 bedroom units receive $350 per month. The annual income is $35,400. The landlord pays for water and garbage which is approximately $275 per month, plus $100 every six months to rent the dumpster. The electric is split and every unit has its own furnace. Hallway lighting electricity cost is around $30 per month. Owner installed in March of 2017 new basement drainage and new concrete floor.
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.
