Property ID : 1746729
Sold $860,000 - 1-2 Stories, Apartment Building
Fully rented 12 unit multi-family. All units include 2 bedrooms and 1.5 bathrooms. 4 units recently updated with paint and LVP. Remaining 8 units are carpeted, 4 of which have been updated/painted in the last year. Common entry ways have all new LVP installed and full paint July 2021. Large parking lot behind building and coin operated laundry machines on each side of building. Average monthly rent is $750/unit, which is far below market rent. Rent roll in attached docs. Owner pays water/heat. Tenants on newer leases pay portion of water/heat. High efficiency boiler with insulated piping on radiator lines. Storage lockers in basement not currently used but could be used for additional rent income. Basement floor epoxied.