12 UNIT APARTMENT
INCOME/INVESTMENT OPPORTUNITY OF OVER $50K PER YEAR! Historic early 20th century college building now a 12-unit apartment house on a large corner lot. Quiet, traditional neighborhood just a few blocks from parks, recreation and all schools. Just a 3 year old roof and a near new central heat system. Reportedly, units all rent for $370/month each...at 100% occupancy that is $4,450 per month...and potentially over $50,000 per year! Multiple car detached garage. Everything here is in various stages of needed attention, paint and repair. Lots of work and on-going maintenance and management...but the tasks can be worth the reward. Current absentee owner has a property manager...but says it is time to sell. Offered exclusively for $110,000. Shown by scheduled appointment only.
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