Description
Excellent investment opportunity. Well maintained fully rented 6 units property on one acre. All leases are good thru May 2023. No vacancy for the last 3 years. Long term tenants. All Six units are identical with Kitchen, dining room, living room, two bedrooms and one full bath. Shared Coin Laundry facility. Room A/C in each unit. Passive hot water heating. Water and heat is provided by the landlord. Tenants pay electricity. Approx. $50,000 income and $18,000 in Exps. in 2021. Avg. Current rent $4,525 p.m. Additional $50 monthly heat surcharge for 5 months in winter paid by tenants starting this year. Close to I-69 and M 52Call the listing agent for a showing request.Open Wednesday July 20, 2022 4:30 to 6.
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0BEDS
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1.09ACRES
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0BATHS
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01/2 BATHS
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4,412SQFT
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$91$/SQFT
Description
Excellent investment opportunity. Well maintained fully rented 6 units property on one acre. All leases are good thru May 2023. No vacancy for the last 3 years. Long term tenants. All Six units are identical with Kitchen, dining room, living room, two bedrooms and one full bath. Shared Coin Laundry facility. Room A/C in each unit. Passive hot water heating. Water and heat is provided by the landlord. Tenants pay electricity. Approx. $50,000 income and $18,000 in Exps. in 2021. Avg. Current rent $4,525 p.m. Additional $50 monthly heat surcharge for 5 months in winter paid by tenants starting this year. Close to I-69 and M 52Call the listing agent for a showing request.Open Wednesday July 20, 2022 4:30 to 6.