A five-unit apartment complex where each unit is a one-bedroom, one-bathroom. Utilities are individually metered and paid by the tenants. There is a coin-operated washer and dryer available in the basement for tenant use. Apartments 3 and 4 recently had the hardwood floors refinished. Newer windows throughout the property. Rear egress fire escape with exit signage and fire extinguishers in the common areas. Property is close to all major amenities including schools, YMCA, Franciscan University, Hospitals, shopping, grocery, banking, and more. 100% leased with a total gross rental income of $2,808 per month with other fees (coin operated laundry, pet fee, and common area maintenance fees) closer to $3000/month. Each tenant pays between $550 and $600 in rent.
Listing Courtesy of: James W Petrella, petrella11jay@yahoo.com With DeLuca Realty
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