This 4 family investment has 2- three (3) bed room units and 2- two (2) bedroom units all with one bathroom & fenced yards! 100% Leased! The three (3) Bedroom units average $720/month and the two (2) bedroom units average $643/mo. Gross Operating Income includes late fees. One two bedroom and one three bedroom are on a month to month Lease the other two are under a one year Lease agreements. Great location with quick/easy access to I-70, groceries, restaurants, hospital, urgent care, employment and more! This investment yields approximately an 8.0% cap rate with existing rents with low to no vacancy. Ideal 1031 investment. A new shingle roof was installed 5 or so years ago. HVAC, water heaters all are in working order! Tenants pay their own utilities, grass cutting, snow removal, cable/internet & telephone. Call for more information on this multi-family investment opportunity! Property will be shown only after a sale contract has been accepted(with a property tour contingency).
|Status Changed from Active to Pending||–|
|Price Reduced from $325,000 to $300,000|
Information from Third Parties, Deemed Reliable but Not Verified.
Listings displaying the MARIS logo are courtesy of Mid America Regional Information Systems Internet Data Exchange.