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$700,000
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
|
0 |
$5,794 |
1905 |
On the market:
110 days
|
View full details, 15 photos, school info, and price history
Incredible fully rented 8 unit investment property located 2 blocks away from Lake Michigan! This property has undergone an extensive remodel & provides modern living standards. Keyless keypad entry on all doors. Coin operated laundry room available for all tenants. New plumbing & tankless water heaters. Keyless keypad Interior on all units have been remodeled for modern living & very low maintenance costs. All 8 units are 1 bed/1bath (4 larger, 4 smaller). Total monthly revenue from the building is $7,070 (Rent $6,870+ laundry $200) Rent roll in documents. 7 tenants paying for gas/electric. 1 tenant on house meter. Owner paying for water/sewer, trash, & just the house meter gas/electric. Unit pictured is #7. All occupied units are in similar condition.
Listing courtesy of Blackstone Realty Se Team*, Coldwell Banker Realty