Description
Drake area 5 unit with great rental history. Quiet building with long-term tenants. Same owner for 30 years. Rental certificate expires Oct 2, 2023. Features 4 one bedroom units and one efficiency. Used to have dual furnaces for the building and was recently converted to electric heat. Each unit pays their own electric. 2 car detached garage. Additional income from coin-op laundry in basement. Extra storage in unfinished attic and basement. 1 and 2 year leases. Rents are: Apt 1-$715, Apt 2 $565, Apt 3 $465, Apt 4 550, Apt 5 $665. Landlord pays water, house electric and house gas (water heater). Separate electric meters.
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4BEDS
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0.23ACRES
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5BATHS
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01/2 BATHS
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2,522SQFT
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$117$/SQFT
Description
Drake area 5 unit with great rental history. Quiet building with long-term tenants. Same owner for 30 years. Rental certificate expires Oct 2, 2023. Features 4 one bedroom units and one efficiency. Used to have dual furnaces for the building and was recently converted to electric heat. Each unit pays their own electric. 2 car detached garage. Additional income from coin-op laundry in basement. Extra storage in unfinished attic and basement. 1 and 2 year leases. Rents are: Apt 1-$715, Apt 2 $565, Apt 3 $465, Apt 4 550, Apt 5 $665. Landlord pays water, house electric and house gas (water heater). Separate electric meters.