This updated all brick 4-family features 1-bedroom, 1-bath units. Each unit has a large living room, dining room, kitchen and 3 season room off of the bedroom. All units have hardwood floors throughout, nice kitchens and bathrooms. The building has newer forced air heat and central A/C. The basement features private washer dryer hook ups and tenant storage space. There is a parking pad in the rear of the building with 4-spaces. Updated electric and main drain stacks in the basement. Just steps from great restaurants, Ted Drews, Lindenwood Park and Hampton/Chippewa shopping center. This is a great investment with a competitive cap rate. Don't miss your chance!
Long term tenants at lower rent, neighborhood market rents at $995/mo. Gross operating rent and net income calculated off of market rents with 8.02% cap rate.
See attached Proforma.