Occupied, well maintained Classic Brick 8-unit where tenants pay their own heat, electric, and cooking gas. The lovely 1930's woodwork is still here. The building has updated kitchens, bathrooms, and circuit breakers. It features easy access to I-43, bus lines, and a coin laundromat next door. Long term tenants, but rent is low. There are 7 one-bedroom apartments and 1 two-bedroom apartment. The price is BELOW the new 2018 City Assessed value of $246,000, and yields a 9.6% CAP rate per the seller. The 3rd party manager is willing to stay if you wish.
IDX information is provided exclusively for consumers' personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is supplied by seller and other third parties and has not been verified.
Copyright 2019 - Metro MLS - All Rights Reserved