6 Unit solid structure apartment building, being sold AS-IS, apartments need updating, 5 are rented out. It is priced accordingly. This sale also includes a detached 2 story garage that can be rented out separately. All units have separate Gas and Electric. 2 units rented by long time tenants on month to month lease. Great investment opportunity, currently rented for below market rents, all leases are month to month. Current rental income from 5 rented units is about $2,400 per month which is significantly under market rent. The six units could be rented for $4,000 to $4,500 per month.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it 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. Updated: 25th November, 2020 5:17 AM
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