4 Unit apartment building priced to sell, 4 1 bedroom one bath units, all occupied, separate utilities, tenants pay gas and electric , 4 gas meters, 4 furnaces (11 years old ) , 4 hot water tanks , 5 electric meters (all updated) , 1 for each apartment and one house meter, owner pays water , sewer and trash, taxes and insurance rents are currently $425 per unit and can be much higher, tenants on month to month, except for one unit which is expiring soon, owner just spent $26,000 on a new roof this year and there was an additional $20,000 spent rehabbing the units within the last 2 years, still some work to do on the exterior as building needs painted, 48 hour notice to show, will show one unit and common areas , then buyer can make an offer subject to inspection of other units..,
Listing Courtesy of: J. B. Spencer, jbspencer@contactplatinum.com With Platinum Real Estate
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