Description
***$78,125 per Unit***7.6% CAP Rate *** This multi-family building has 2 entrances with 15 efficiencies (Murphy Bed & 1 bath in each efficiency unit) and 1 one-bedroom, one-bathroom unit. This property was built in 1985. Tenants pay for electric, phone, cable and internet. Landlord pays for natural gas (heat), water, sewer, garbage removal, repairs and grounds upkeep. Wall air-conditioning, baseboard boiler heat. Common area coin laundry room located on the main level of the 404 side. Concrete parking lot / off-street parking. Controlled access building. Carpets, flooring and appliances have been replaced as needed. Each unit has it's own circuit breaker panel.
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0BEDS
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0.38ACRES
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0BATHS
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01/2 BATHS
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8,022SQFT
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$156$/SQFT
School Information
Description
***$78,125 per Unit***7.6% CAP Rate *** This multi-family building has 2 entrances with 15 efficiencies (Murphy Bed & 1 bath in each efficiency unit) and 1 one-bedroom, one-bathroom unit. This property was built in 1985. Tenants pay for electric, phone, cable and internet. Landlord pays for natural gas (heat), water, sewer, garbage removal, repairs and grounds upkeep. Wall air-conditioning, baseboard boiler heat. Common area coin laundry room located on the main level of the 404 side. Concrete parking lot / off-street parking. Controlled access building. Carpets, flooring and appliances have been replaced as needed. Each unit has it's own circuit breaker panel.
Listing provided courtesy of Reed Johnson of 605 Real Estate Llc. © 2022 REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.