Enormous cash cow building with room to grow. 4 units, back deck & garage roof deck over 2 car garage. Perfect for investor or owner occupant because of the 2-level, 3 bed 2 bath duplex. Rent has much potential to be raised! Updated kitchens and baths. Dishwasher in each unit. Full sized in-unit laundry in duplex. Central heat in all units. Central A/C in 2 rear units. Window A/C in 2 front units. Huge full unfinished basement with 2 washers, 2 dryers, plenty of storage. Foundation rebuilt 5yrs ago. Kitchen plumbing stack replaced this year. Building has a front and a side entrance which provides all 4 units with a front and back door. 2 Garage spaces have been rented out to non tenants at $170/month each, expiration 4/30/2020. Annual Expenses- Insurance $2100 Water $1350 Electric $300. Other expenses- snow removal, cleanup, filter changes, furnace maintenance, fighting taxes, general maintenance $8,500. Total expenses incl. taxes 28,983.87. Gross income 83,460. Net income 54,476.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Good Realty Co. are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
Listing information last updated on September 21st, 2019 at 3:20pm CDT.