Description
5 unit Investment Opportunity! This property consists of a 2 story duplex (2,577 sq ft) with a 3 bedroom and a 2 bedroom apartment and a 2-1/2 story converted garage (2,972 sq ft) which contains a 3 bedroom apartment on the 1st floor and two 2-bedroom apartments on the 2nd and 3rd floors. Rents are low and have not been raised in years so there is possible opportunity for them to be increased to market value. Newer siding, roof, gutters, downspouts, windows, entrance doors, water heaters, front and rear porches (all within the past 3-6 years). 1 unit has an attic area that could potentially be finished to make it a 3 or 4 bedroom unit. All 5 units have separately metered gas and electric (tenants pay). Front duplex has separately metered water and sewer (tenants pay) but back building water and sewer is all on one meter (owner pays). Access home from alleyway to parking in rear. Rent roll, expenses, and disclosures in associated docs.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
Description
5 unit Investment Opportunity! This property consists of a 2 story duplex (2,577 sq ft) with a 3 bedroom and a 2 bedroom apartment and a 2-1/2 story converted garage (2,972 sq ft) which contains a 3 bedroom apartment on the 1st floor and two 2-bedroom apartments on the 2nd and 3rd floors. Rents are low and have not been raised in years so there is possible opportunity for them to be increased to market value. Newer siding, roof, gutters, downspouts, windows, entrance doors, water heaters, front and rear porches (all within the past 3-6 years). 1 unit has an attic area that could potentially be finished to make it a 3 or 4 bedroom unit. All 5 units have separately metered gas and electric (tenants pay). Front duplex has separately metered water and sewer (tenants pay) but back building water and sewer is all on one meter (owner pays). Access home from alleyway to parking in rear. Rent roll, expenses, and disclosures in associated docs.
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