This 16 plex offers 12 - 2 bedroom, 1 bathroom units and 4 - 1 bedroom, 1 bathroom units with an excellent rental history. Tenants are responsible for their own heat & electric. There are three 24' x 44' detached 4 car garages and paved parking adding appeal & value. This 16 plex is located close to schools, shopping, & the YMCA. The investment capitalization rate is 6.8 % based on the list price of $675,000(call listing agent for detail). This rental complex provides a nice passive income opportunity.
|Lot Size SqFt: 77537||Water Frontage (feet): 0|
|Lot Size Acres: 1.78||Shoreline:|
|Lake Chain:||Zoning: Residential|
|Lake Name:||Access Road: City Street|
|River Name:||High School:|
|Lake Size-Acres: 0|