BACK ON MARKET due to failed financing. 4x3Bd/2Ba and 4×2 Bd/1Ba units in well-maintained, brick/vinyl 2-story, updated apts, wood/tile floors. +$65k updates Aug-Oct ’22: steel roof, concrete driveway, resurfaced & striped lot, +more. 1 parking space/unit; 2 extra stalls rentable+1 leased coin W/D provides additional income. Separate electric meters, LL shared laundry (W/D hookups exist for 8 units), LL secure/private tenant storage, LL walkout. Within 1 block: bus line, shopping, schools, employment & bike routes. 100% Occupied, long term tenants, turnkey. 1 MM lease, owner can occupy. 3 leases renew Q1 2023. Current rents below fair market value. RentOMeter avg rent in this location is $1776/3Bd. Great opportunity for higher Cash Flow, ROI & Equity. Seller may execute 1031 exchange.
MLS #:19406161940616 Listed By: Sue Romens of First Weber Inc