Remarks:This multi-family property will make a great addition to any investor’s portfolio. Good cash flow with 6 units bringing in $2,865/month. The property consists of a 5 unit apartment building, a 1 bedroom home and a 1,712 sq.ft. garage/storage building all on a large corner lot. The three main floor apartments each have 2 bedrooms, living room, kitchen, full bath and all share the basement with washer/dryer hookups. One 2nd floor apartment has 2 bedrooms with washer/dryer in the full bath. The other upstairs apartment is good size with 3 bedrooms, newer carpet and a stack washer/dryer in the full bath. The 1 bedroom, 1 bath, 560 sq.ft. rental house sits on its own parcel to the south of the 5-Plex. It has a full basement with washer/dryer hookups. Each tenant pays their own electric. Landlord pays gas, garbage, sewer and electric for the basement. Water is provided by a private well. Water softener plus iron curtain and brine injection system to prevent smells and rust are provided for 5-Plex and house both.
Listing provided courtesy of RE/MAX Independence Realty. Listing Agent: Curt Martin
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.