A solid investment in an up and coming area. Rehabs are happening all around the property and rents are on their way up. Seller chooses to keep rents low for less turnover. Gross income has a 5% percent vacancy reduction and 15% of gross income is added to expenses for repairs. Brick 4 family located on a great block of Dunnica that includes a 4 car brick detached garage . Each unit is 4 rooms with a recently enclosed and insulated sun porch. Units have large rooms, new front doors with low maintenance blinds, eat in kitchen , 4 new electric panels including new service coming into the building, updated windows, new 2" water line from city to the building, copper water lines and pvc stacks, roof is 4-5 years old. Please do not disturb tenants.
Listing courtesy of Realty Exchange