MLS Number 72246314
- Commercial 5+ Residential
Five separate buildings surrounding a parking lot with 72 spaces. Four studios and 55 one bedroom apartments yield monthly income of over $50,000. All TAW with heat and hot water included. Family owned for fifty years, pride of ownership throughout. Extremely clean, quiet, and well maintained. In demand location with 100% occupancy. No apparent long term maintenance issues. Simple, turnkey opportunity. Below market rents, still provide a cash on cash return of over 12%. Call listing broker for income and expenses.
Listed by Raymond R. Clements of Investment Property Advisors