12 Units - Average rent of $555 Excellent investment opportunity to purchase a cash flowing portfolio of three adjoining four family buildings. Seller prefers to sell as a package, but is willing to sell off individually. If sold individually price is $160k per building. The building has minimal operating expenses due to $35,160 of recent Capital Expenditures. 10 of the 12 units have been completely renovated… floors, painting, bathrooms, kitchen appliances and new doors. New roofs replaced on two of the buildings. New A/C for all 12 of the units. Individually metered gas and electric, common water/sewer. There is a potential to raise rents with all of the work that has recently been done. Located in highly desirable Dutchtown. This portfolio presents an incredible opportunity for the new owner to enjoy great cash flow. Buyer to verify building square footage. Tenants are not aware of the Sale, please do not disturb them. 2748-50 Keokuk 2752-54 Keokuk 3906-08 California
Listing courtesy of Salient Realty Group, LLC.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified