4 unit apartment building, Unit 1 is a very large 3 bedroom one bath unit with an undated kitchen and bathroom,( Tenant will be vacating on 9/15/24 and was paying $900) Unit 2 is a 2 bedroom one bath in good condition ( the tenant has been there about 5 years and paying $550) Unit 3- 2 bedroom one bath that has been remodeled is vacant and should bring an easy $700+ per month ,, Unit 4 is a very large 1 bedroom with an updated kitchen and bathroom in good condition ( they have been there a couple years and pay $460 - with electric included - but can be switched to tenant paying) The building has 4 electric meters , one for each unit, there are 2 water meters ( currently owner pays water and when fully occupied water averages 300-400 per month) insurance is approx $1000 per year , Campbell trash is approx $150 per month , RUBBER ROOF REPLACED 2023 , the return on investment is high! sold only as -is , offers with inspection contingencies will be declined, buyers to do all due diligent prior to making offer , 10 percent non - refundable earnest money must be deposited with the tile company within 24 hours of an accepted offer, will show only the vacant unit and basement on the first showing , other units can be seen another time if buyer is interested - cash or strong conventional financing only , agents read private remarks prior to setting up a showing !
Listing Courtesy of : J. B. Spencer ---- Platinum Real Estate
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