Cashflow from Day 1 with the ALL-Brick 10 unit within half a mile from Millikin University. Two 1-bedroom units, and 8 Efficiencies. Each unit has forced air and newer heating and cooling wall systems. Separate meters for all units. Some units have been updated and Gross Potential Rents are $4,575. Actual rents are $3300 as owner has just finished updating 3 vacant units which could help new owner raise rents for instant VALUE ADD potential. 2020 150 Gallon Water Heater. Improvements since 2008-replacement windows, refurbished baths, fire alarm system, electrical, flooring and parking lot in back to name a few. Great for first time or seasoned investor.
Multi-familyProperty Type
1979Year Built
7,600 sq ftLot Size
Listed by Kristen Dilley• eXp Realty
Bought with Jennifer Miller• Glenda Williamson Realty
Cashflow from Day 1 with this All-Brick 10 Unit within half a mile from Millikin University. Two 1 bedroom units, and 8 Efficiencies. Each unit has forced air and newer heating and cooling wall systems. Separate meters for all units. Some units have been updated and Gross Potential Rents are $4,575. Actual rents are $3300 as owner has just finished updating 3 vacant units that are ready to be leased by the new owner or can be filled prior to closing. Strong DEMAND for these units which could help new owner raise rents for instant VALUE ADD potential. 2020 150 Gallon Water Heater. Improvements Since 2008 - replacement windows, refurbished baths, fire alarm system, electrical, flooring and parking lot in the back! Great for first time or seasoned investor.