Property Description

This three-unit apartment house can generate a total annual rental income of $31,200. The owner pays for water and sewer, while tenants are responsible for their own gas and electric service, and each unit is separately metered for both utilities. All three apartments have undergone major interior renovation, providing updated living spaces throughout. New flooring, appliances, furnaces, roof, bath fixtures, etc. The exterior still requires some trim work, primarily involving the vinyl siding around the replacement windows and the upper apartment. However, the asking price reflects these remaining trim issues. One tenant has already moved into Apartment #2 at $900 per month and is occupying the unit on a month-to-month basis, as no written lease has been executed. This is a cash-only sale.

Property Features

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