Description

Excellent investment opportunity! This 3-unit apartment building brings in $1500 per month in rent. All units are occupied and have a good pay history. Tenant in unit 1 handles lawn care and snow removal as a part of her rent so regular maintenance is kept to a minimum. Electric and gas are separate and paid by tenants. Water, sewer, and trash are paid by landlord and average $220 per month total. Estimated annual cap rate at the asking price is 9.8%. Call today for more information.